10. When did the U.S. economy recover to the same GDP level just prior to the Covid-19 pandemic.     (a) In the first quarter of 2021 before any of President Biden's policies were implemented.     (b) Only after President Biden's policies were implemented in the second quarter of 2021     (c) Only in 2022.     (d) We have still not reached the 2019 level of GDP.

Course: Macroeconomics   Countries aim to improve and maintain the quality of life for their citizens. This works best when ____.     income inequality is high, and the government is democratic     consumption is high, and the government dictates the economic goals     the trade balance is negative, and the government is stable     income inequality is low, and the government is stable

23) How might big companies ,such as Walmart, avoid contributing to inflation when raising employees wages ?

Quarter Quarter 1 Quarter 2 Quarter 3 Quarter 4 Nominal GDP $10,000 $12,000 $18,000 $24,000 Real GDP $8000 $9500 $11,000 $13,500 What is the economy's growth rate between Quarter 3 and Quarter 4?   Question 16 options:   A)  11.3%   B)  33.3%   C)  22.7%   D)  15.7%