Author Question: A marginally attached worker i. does not have a job and has not looked for one in the last month. ... (Read 154 times)

Cooldude101 · **on:** Jun 30, 2018

A marginally attached worker
i. does not have a job and has not looked for one in the last month.
ii. is available and willing to work.
iii. must work at least 1 hour per week.

A) i only B) ii and iii C) iii only D) i and ii E) ii only

Question 2

The chain-weighted index for GDP and the CPI differ in that the CPI

A) asks how much a fixed basket of goods costs in the current year as compared to the cost of those same goods in a base year while the chain-weighted index takes an average of price changes using base years from neighboring years.
B) excludes price changes from used and imported goods while the chain-weighted index includes these price changes.
C) is calculated by the Commerce Department while the chain-weighted index is calculated by local newspapers.
D) is calculated in nominal terms and the chain-weighted index is calculated in real terms.

kingdude89 · **Reply #1 on:** Jun 30, 2018

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