Exam 5: Monitoring Jobs and Inflation

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 unemployment rate is

The consumer price index is a measure of

Suppose the country of Tiny Town experiences frictional unemployment.This frictional unemployment would

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

The commodity substitution bias is that

If the CPI was 128 at the end of 2016 and 136 and the end of 2017, what was the inflation rate in 2017?

In a country with a working- age population of 20 million, 14 million are employed, 1.5 million are unemployed, and 1 million of the employed are working part- time, half of whom wish to work full- time.The labour force participation rate is

Rochelle lost her job as a salesperson when sales fell off during the recession.Now she is looking for a new job.Rochelle is

Between 1984 and 2017, Canada's inflation rate as measured by the CPI

Suppose the working- age population in Tiny Town is 100 people.If 25 of these people are not in the labour force, the _______ equals _______.

If the CPI was 140 at the end of 2016 and 150 at the end of 2017, what was the inflation rate in 2017?

The natural unemployment rate is

Full employment occurs when