The unemployment rate:
a. Always rises when the employment rate rises.
b. Has more reliable components (in terms of measurability) than the employment rate.
c. Is considered to be a poorer measure of business cycle activity than the employment rate.
d. Tends to be more stable than the employment rate.
e. None of the above.
Question 2
Country A's overall balance in the balance of payments equals:
a. Current account minus the financial account.
b. Reserves account minus the current account.
c. Reserves account plus the capital account plus the current account.
d. Current account plus capital account plus the financial account minus the reserves account.
e. Reserves account plus the financial account.
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