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Author Question: If a large number of people are classified as being out of the labor force when they are really ... (Read 93 times)

MirandaLo

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on: Jun 30, 2018
If a large number of people are classified as being out of the labor force when they are really looking for work, this will lead to an official unemployment rate that is lower than the true unemployment rate.
 
  Indicate whether the statement is true or false

Question 2

To reach the maximum money multiplier, it is assumed that
 
  A) there is insufficient loan demand.
  B) all loans get redeposited in a checkable account.
  C) loans are diverted into circulating currency.
  D) commercial banks keep the amount of reserves. equal to total bank deposits.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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maaaaaaaaaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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MirandaLo

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Reply #2 on: Jun 30, 2018
Thank you


maaaaaaaaaa

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Reply #3 on: Jun 30, 2018
No problemo


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