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Author Question: During a recession, the duration of unemployment ________ and the unemployment rate is ________ the ... (Read 225 times)

lbcchick

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on: Jun 29, 2018
During a recession, the duration of unemployment ________ and the unemployment rate is ________ the natural rate of unemployment.
 
  A) does not change; equal to
  B) shortens; equal to
  C) shortens; greater than
  D) lengthens; less than
  E) lengthens; greater than

Question 2

Other things remaining the same, in the long run ________ in the quantity of money brings an equal percentage ________.
 
  A) a decrease; increase in the price level
  B) an increase; decrease in the price level
  C) a decrease; increase in the nominal interest rate
  D) a decrease; decrease in the price level
  E) an increase; increase in the real interest rate


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stallen

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

D


lbcchick

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

softEldritch

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Reply 3 on: Yesterday
Wow, this really help

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