How Can a Commodity Boom Have Negative Macroeconomic Consequences

question 22

Multiple Choice

How can a commodity boom have negative macroeconomic consequences?

• A) increased employment
• B) increased government tax revenue
• C) increased profits
• D) rising price level
• E) none of the above

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Definitions:

Genetics

The scientific study of heredity and the variation of inherited characteristics.

Cerebral Cortex

The outer layer of the brain, involved in complex functions such as thought, perception, and memory.

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the autonomic nervous system, including temperature, hunger, and thirst regulation.

Thalamus

A vital brain structure acting as the main relay station between the cerebral cortex and the rest of the nervous system.