Multiple Choice
Inflation means that:
A) all prices are rising, but at different rates
B) all prices are rising, and at the same rate
C) prices are rising in general, although some particular prices may be falling
D) real incomes are rising
E) real incomes are falling
Correct Answer:

Verified
Correct Answer:
Verified
Q39: The unemployment rate is the:<br>A)ratio of unemployed
Q40: Suppose that a person's nominal income rises
Q41: Assume that Sharma is temporarily unemployed because
Q42: The type of unemployment associated with downturns
Q43: Cost-of-living adjustment clauses (COLAs):<br>A)make the effect of
Q44: If potential output exceeds actual real output
Q45: If real GDP in 2007 dollars is
Q46: Assuming that the total population is 100
Q47: Suppose that there are 1 million part-time
Q49: Which of the following statements is correct?<br>A)Real