Which of the Following Is Inconsistent with Long-Run Economic Growth

question 10

Multiple Choice

Which of the following is inconsistent with long-run economic growth?

• A) Recessionary phases
• B) High inflation
• C) Frictional unemployment
• D) Decreased labor productivity
• E) Technological changes

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Definitions:

Slave States

U.S. states prior to the Civil War where slavery was legally permitted and integral to the economy and society.

Texas Territory

A historical territorial area administered by the United States before Texas became a state in 1845.

Martin Van Buren

The eighth President of the United States (1837-1841), known for his role in the development of the American political party system.