Which Statement Is CORRECT

question 31

Multiple Choice

Which statement is CORRECT?

• A) Supply and demand cannot explain why a particular good or service becomes more expensive relative to other goods and services.
• B) Inflation affects only the more advanced countries, whereas less advanced countries face deflation.
• C) Employment levels remained stable during the Great Depression.
• D) When the economy is in recession and jobs are hard to find, inflation tends to fall.

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Definitions:

Global Warming

The long-term rise in Earth's average surface temperature, primarily due to human activities releasing greenhouse gases, resulting in climate change and associated environmental impacts.

Tropical Diseases

Diseases that thrive in hot, humid conditions, typically found in tropical regions, and often have significant health impacts on local populations.

Coral Reefs

Marine structures composed of the accumulated skeletons of coral organisms, which are significant for biodiversity and marine life support.

Polar Bears

Large carnivorous bears found primarily in the Arctic Circle, known for their white fur which helps them blend into their snowy environment.