Which of the Following Statements Is FALSE

question 96

Multiple Choice

Which of the following statements is FALSE?

• A)The rate of change in economic activity is used to assess whether an economy is expanding or contracting.
• B)Short-term ups and downs in the economy are known as business cycles.
• C)During a recession,output and employment are falling.
• D)Business cycles are always symmetric-the length of an expansion is the same as the length of a contraction.

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Supreme Court

The highest judiciary authority in the United States, responsible for interpreting federal laws and the Constitution.

Immigration and Naturalization Service v. Chadha

A 1983 U.S. Supreme Court case that declared the legislative veto inconsistent with the Constitution, marking a significant decision on the separation of powers.

State

A political entity characterized by a defined territory, permanent population, a government, and the capacity to enter into relations with other sovereign states.

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The administration and governance of a specific locality, such as a city, town, or county, dealing with local issues and services.