Inflation is a(n)
a. artificial increase in the value of the dollar.
b. general rise in prices over time.
c. tax on imported goods.
d. means by which the government can control the value of the dollar against foreign currencies.
e. unimportant factor in determining the overall state of the economy.
Question 2
Unemployment is the percentage of people who
a. are not drawing an income from a job.
b. are seeking work but cannot find it.
c. do not receive a pension when they retire.
d. have quit their jobs in the last quarter.
e. are receiving welfare.