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Author Question: Which type of unemployment is the consequence of downturns in the business cycle? A) structural ... (Read 33 times)

londonang

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Which type of unemployment is the consequence of downturns in the business cycle?
 
  A) structural
  B) expansionary
  C) cyclical
  D) natural
  E) frictional

Question 2

The CPI was 225 in 2008 and 232.2 in 2009. The nominal interest rate during this period was 1.4 percent. What was the real interest rate during this period?
 
  A) 4.6 percent B) -1.8 percent C) -3.2 percent D) 3.2 percent E) 1.8 percent



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courtney_bruh

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Answer to Question 1

C

Answer to Question 2

B





 

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