An Observer of the Economy Notices That Over the Past

question 305

Multiple Choice

An observer of the economy notices that over the past 12 months the unemployment rate has fallen from 7.0 percent to 6.5 percent. During the same time, the rate of growth in real GDP has been positive. From this information we might conclude that

• A) a trough in the business cycle will soon be reached.
• B) an expansion is occurring in the economy.
• C) inflation is not occurring.
• D) a recession is in progress.

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Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex they were assigned at birth.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both genders, neither gender, or another gender, along with one's sense of identity based on those attractions.

Same-Sex Sexual Behavior

Sexual activities that involve individuals of the same sex.

Homosexual Behavior

Describes sexual activities, attractions, or relationships between individuals of the same sex.