Author Question: Suppose the official unemployment rate is 10 percent. We can conclude without question that: a. the ... (Read 10 times)

rayancarla1 · **on:** Jun 30, 2018

Suppose the official unemployment rate is 10 percent. We can conclude without question that:
a. the same 10 percent of the people in the economy were out of work for the entire ear.
b. one of every 10 people in the civilian labor force is currently unemployed.
c. the same 10 percent of the people in the civilian labor force were out of work for the entire year.
d. every person in the civilian labor force was out of work for 10 percent of the year.
e. 10 percent of the people in the economy were out of work for 10 percent of the year.

Question 2

The government is pursuing an expansionary policy if it:
a. decreases its spending and increases its tax revenues.
b. increases its spending or increases its tax revenues.
c. decreases its spending or reduces its tax revenues.
d. increases its spending and/or reduces its tax revenues.