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Is Rising oil prices have caused a sharp decrease in the demand for oil a correct economic statement?
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Is the quotation rising oil prices have caused a sharp decrease in the demand for oil a correct statement?
yes
''Rising oil prices have caused a sharp decrease in the demand for oil.'' Speaking precisely and using terms as they defined by economists choose the statement that describes this quotes?
The quotation is incorrect: An increase in price causes a decrease in the quantity demanded, not a decrease in demand.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
A period of rising GDP is known as?
an Economic Expansion
Is the quotation rising oil prices have caused a sharp decrease in the demand for oil a correct statement?
yes
''Rising oil prices have caused a sharp decrease in the demand for oil.'' Speaking precisely and using terms as they defined by economists choose the statement that describes this quotes?
The quotation is incorrect: An increase in price causes a decrease in the quantity demanded, not a decrease in demand.
What is the correct intonation for statements?
—Use a falling intonation if the sentence is a statement or answer to question.—Use a rising intonation for a question answerable by yes or a no.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is a period of low economic activity and rising unemployment?
economic depression
Which of these describes the economic recovery period in the business cycle?
Economic activity is rising above the point of the previous peak.
A period of rising GDP is known as?
an Economic Expansion
What causes air pollution to decrease?
We cannot decrease air pollution, but there are many ways of decreasing the level that it is rising in, for example, recycling.
What is a period of rising economic growth and increasing employment.?
Recovery
What is the period of rising after an economic condition have been in recession?
Recovery.
