In Contrast to a Recession in Industrialized Nations, a Recession

question 95

Multiple Choice

In contrast to a recession in industrialized nations, a recession in pre-industrial nations:

• A)is more visible in its effects on the unemployment rate but it has a smaller effect on wage rates.
• B)is less visible in its effects on the unemployment rate but it has a larger effect on wage rates.
• C)has larger effects on both unemployment and wage rates.
• D)has smaller effects on both unemployment and wage rates.

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Definitions:

Bit Rate

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Audio File

A digital file format used for storing sound and music. Examples include MP3, WAV, and AAC formats.

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The standard of something as measured against other things of a similar kind; the degree of excellence of something.

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