Exam 7: Unemployment and Inflation
Exam 1: The Art and Science of Economic Analysis150 Questions
Exam 2: Economic Tools and Economic Systems154 Questions
Exam 3: Economic Decision Makers174 Questions
Exam 4: Demand, supply, and Markets152 Questions
Exam 5: Introduction to Macroeconomics151 Questions
Exam 6: Tracking the Useconomy150 Questions
Exam 7: Unemployment and Inflation150 Questions
Exam 8: Productivity and Growth150 Questions
Exam 9: Aggregate Demand150 Questions
Exam 10: Aggregate Supply150 Questions
Exam 11: Fiscal Policy149 Questions
Exam 12: Federal Budgets and Public Policy153 Questions
Exam 13: Money and the Financial System150 Questions
Exam 14: Banking and the Money Supply150 Questions
Exam 15: Monetary Theory and Policy150 Questions
Exam 16: Macro Policy Debate: Active or Passive150 Questions
Exam 17: International Trade150 Questions
Exam 18: International Finance150 Questions
Exam 19: Economic Development150 Questions
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Ginger quits her job as personal secretary to the Vice President of HR Technologies because she cannot handle the stress.It takes her three weeks to find a job as a receptionist at Mariam Hotels and Resorts.Over these three weeks,she would be considered frictionally unemployed.
(True/False)
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The impact of _____ unemployment is removed from official monthly unemployment figures.
(Multiple Choice)
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Suppose there is a 3 percent increase in the nominal wages of workers in an economy.The annual rate of inflation in the economy is about 6 percent.Which of the following is true in this case?
(Multiple Choice)
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The nominal interest rate is determined in the market for loanable funds.
(True/False)
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Frictional unemployment refers to unemployment that is a result of:
(Multiple Choice)
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Which of the following decades was characterized by the highest inflation rate in the U.S.?
(Multiple Choice)
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If the nominal interest rate is 5 percent and there is no inflation,_____.
(Multiple Choice)
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Which of the following will most likely qualify for unemployment compensation benefits?
(Multiple Choice)
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The benefits paid by the largest pension program in the United States are:
(Multiple Choice)
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Anne is an accountant who lost her job in the last recession and has given up looking for work after an unsuccessful job search.Which of the following is true in this case?
(Multiple Choice)
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Suppose there is a 5 percent increase in the nominal wages of workers in an economy.The annual rate of inflation in the economy is about 2 percent.Which of the following is true in this case?
(Multiple Choice)
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During periods when the inflation rate fluctuates widely,_____.
(Multiple Choice)
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Which of the following does not exist when an economy is operating at full employment?
(Multiple Choice)
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A decrease in the interest rate,other things constant,will:
(Multiple Choice)
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"Discouraged workers" comprise the percentage of those in the:
(Multiple Choice)
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A recent college graduate who is looking for her first job would be considered _____.
(Multiple Choice)
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