Author Question: Compared to the natural rate of unemployment, the actual unemployment rate is A) always lower. ... (Read 31 times)

sam.t96

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Compared to the natural rate of unemployment, the actual unemployment rate is
 
  A) always lower.
  B) always higher.
  C) always the same.
  D) higher in periods when GDP fails to grow at its normal rate.

Question 2

The level of reserves in the banking system is determined by
 
  A) the Federal Open Market Committee. B) the Treasury Department.
  C) bond dealers. D) the American Banking Association.


Danny Ewald

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Answer to Question 1

D

Answer to Question 2

A



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