Multiple Choice
Assume an economy experiences,for a given period,a 4% increase in output and a 2% increase in productivity.Given this information,we know that which of the following occurred for this economy during this period?
A) The unemployment rate increased during this period.
B) The unemployment rate decreased during this period.
C) The unemployment rate did not change during this period.
D) The effects on the unemployment rate are ambiguous.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Based on price setting behavior,which of the
Q44: For this question,assume expectations of P and
Q45: For this question,assume that expectations of productivity
Q46: In recent years,real wages of the least
Q47: Assume expectations of both prices and productivity
Q48: Suppose an economy is characterized by the
Q50: For this question,assume that the aggregate production
Q52: For this question,assume that expectations of productivity
Q53: Assume an economy experiences,for a given period,a
Q54: Assume expectations of prices are correct but