4. which segment of the business cycle represents inflation?
5. which measure of national income & product accounting is the most important fores
policy-making?
6. if countercyclical fiscal policy is successful in lowering the rate of inflation from 5% to 3%,
called?
7. what is the economic expression for "demand pull inflation"?

Part a: which statement identifies the central idea of the text? a: the north was more powerful than the south and was always going to be the victor of the civil war. b: despite the obvious strength of the north, the outcome of the war was unpredictable at the time. c: the united states underestimated the strength of the south, giving it the upper hand. answer !