Economic Fluctuations

question 91

Multiple Choice

Economic fluctuations:

• A)are linked,but not perfectly synchronized,across countries.
• B)are perfectly synchronized across countries.
• C)in one country are independent of fluctuations in other countries.
• D)in the United States always occur after fluctuations in other developed economies.
• E)in the United States usually occur before fluctuations in other developed economies.

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Definitions:

Productivity

A measure of the efficiency of production, usually quantified as the ratio of output to inputs in the production process.

Japanese Workers

Employees who are part of Japan's workforce, known for strong work ethics and contributing to Japan's economic development.

American Workers

American Workers refers to the labor force in the United States, including both employed individuals and those seeking employment.

Silicon Valley

A region in Northern California known as a hub for technology and innovation, housing many start-ups and global technology companies.