A) long- term unemployment. B) the official unemployment rate. C) comparable to the official U.S.rate. D) short- term unemployment. E) the unemployment rate that adds discouraged searchers to the official rate. A) long- term unemployment. B) the official unemployment rate. C) comparable to the official U.S.rate. D) short- term unemployment. E) the unemployment rate that adds discouraged searchers to the official rate.

Exam 5: Monitoring Jobs and Inflation

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2002.The CPI in 2017 is

(Multiple Choice)

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(39)

Question 21

Use the table below to answer the following questions. Table 5.2.1 This table shows the answers given by interviewees to the Labour Force Survey. -In Table 5.2.1, which person is structurally unemployed?

(Multiple Choice)

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Question 22

Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 percent.Then cyclical unemployment is

(Multiple Choice)

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(35)

Question 23

In a country with a working- age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part- time, half of whom wish to work full- time.The labour force participation rate is

(Multiple Choice)

4.8/5

(37)

Question 24

If the CPI was 228 at the end of 2016 and 236 at the end of 2017, what was the inflation rate in 2017?

(Multiple Choice)

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(37)

Question 25

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2017.The CPI in 2002 is

(Multiple Choice)

4.9/5

(31)

Question 26

At full employment, there is no

(Multiple Choice)

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Question 27

Comparing the core inflation rate to the Consumer Price Index, the core inflation rate

(Multiple Choice)

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Question 28

In a recession, typically

(Multiple Choice)

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Question 29

If the inflation rate is positive, the price level in an economy is

(Multiple Choice)

4.9/5

(40)

Question 30

In a country with a working- age population of 22 million, 18 million are employed, 2 million are unemployed, and 1 million of the employed are working part- time, half of whom wish to work full- time.The involuntary part- time rate is

(Multiple Choice)

4.9/5

(36)

Question 31

Unemployment caused by permanently decreased demand for horse- drawn carriages is an example of

(Multiple Choice)

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(37)

Question 32

In a country with a working- age population of 22 million, 18 million are employed, 2 million are unemployed, and 1 million of the employed are working part- time, half of whom wish to work full- time.The unemployment rate is

(Multiple Choice)

4.7/5

(33)

Question 33

Michael lost his job as a night security guard because he kept falling asleep at the job.Now he is looking for a new job.Michael is

(Multiple Choice)

4.9/5

(37)

Question 34

In a country with a working- age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part- time, half of whom wish to work full- time.The employment rate is

(Multiple Choice)

4.7/5

(33)

Question 35

Suppose a union and a firm agree to increase the wage rate by the same percentage as the increase in the Consumer Price Index.If the CPI increases by 5 percent, then the real income of workers will

(Multiple Choice)

4.8/5

(29)

Question 36

Use the table below to answer the following questions. Table 5.2.1 This table shows the answers given by interviewees to the Labour Force Survey. -In Table 5.2.1, which person is a discouraged searcher?

(Multiple Choice)

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Question 37

R2 is

(Multiple Choice)

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Question 38

The employment rate is

(Multiple Choice)

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Question 39

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2002.Which one of the following statements is true?

(Multiple Choice)

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Question 40

Showing 21 - 40 of 113

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2002.The CPI in 2017 is

Use the table below to answer the following questions. Table 5.2.1 This table shows the answers given by interviewees to the Labour Force Survey. -In Table 5.2.1, which person is structurally unemployed?

Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 percent.Then cyclical unemployment is

In a country with a working- age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part- time, half of whom wish to work full- time.The labour force participation rate is

If the CPI was 228 at the end of 2016 and 236 at the end of 2017, what was the inflation rate in 2017?

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2017.The CPI in 2002 is

At full employment, there is no

Comparing the core inflation rate to the Consumer Price Index, the core inflation rate

In a recession, typically

If the inflation rate is positive, the price level in an economy is

In a country with a working- age population of 22 million, 18 million are employed, 2 million are unemployed, and 1 million of the employed are working part- time, half of whom wish to work full- time.The involuntary part- time rate is

Unemployment caused by permanently decreased demand for horse- drawn carriages is an example of

In a country with a working- age population of 22 million, 18 million are employed, 2 million are unemployed, and 1 million of the employed are working part- time, half of whom wish to work full- time.The unemployment rate is

Michael lost his job as a night security guard because he kept falling asleep at the job.Now he is looking for a new job.Michael is

In a country with a working- age population of 30 million, 20 million are employed, 2 million are unemployed, and 2 million of the employed are working part- time, half of whom wish to work full- time.The employment rate is

Suppose a union and a firm agree to increase the wage rate by the same percentage as the increase in the Consumer Price Index.If the CPI increases by 5 percent, then the real income of workers will

Use the table below to answer the following questions. Table 5.2.1 This table shows the answers given by interviewees to the Labour Force Survey. -In Table 5.2.1, which person is a discouraged searcher?

R2 is

The employment rate is

Use the table below to answer the following questions. Table 5.3.1 Suppose a simple economy produces three goods only.The price and output data for two years are shown below. -Refer to Table 5.3.1.The reference base period is 2002.Which one of the following statements is true?

What Is Economics

The Economic Problem

Demand and Supply

Measuring Gdp and Economic Growth

Economic Growth

Finance, Saving, and Investment

Money, the Price Level, and Inflation

The Exchange Rate and the Balance of Payments

Aggregate Supply and Aggregate Demand

Expenditure Multipliers

The Business Cycle, Inflation, and Deflation

Fiscal Policy

Monetary Policy

International Trade Policy

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