Parts of the unemployment rate which might increase when labor market conditions are better do include:
a. Those who voluntarily quit existing jobs.
b. Those who are newly entering the labor force.
c. Those who are re-entering the labor force after leaving it earlier.
d. All of the above.
Question 2
If the cost of buying an identical basket of goods in country A is greater than country B:
a. People will tend to sell currency from country A and buy currency from country B.
b. The prices of those baskets of goods will tend to converge.
c. If the goods in the baskets are internationally traded, the tendency for prices to converge will be stronger.
d. All of the above are true.
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