When Jobs Are Easy to Find, Wage Increases Are Frequently

question 44

Multiple Choice

When jobs are easy to find, wage increases are frequently given, and businesses are doing well, the economy is most likely in a(n) :

• A)expansion.
• B)depression.
• C)recession.
• D)surplus.

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Definitions:

Inverse Function

A function that reverses the operation of another function, meaning if one function takes an input to an output, the inverse function takes that output back to the original input.

Graph

A diagram representing data, mathematical functions, or relationships between variables, typically drawn on Cartesian coordinates.

Logarithm

The exponent or power to which a base, usually 10 or e, must be raised to produce a given number.

Logarithm

The exponent that indicates the power to which a base number must be raised to produce a given number.