Author Question: The sum of the unemployment rate and the inflation rate is known as: a. the macroeconomic index. ... (Read 22 times)

genevieve1028 · **on:** Jun 30, 2018

The sum of the unemployment rate and the inflation rate is known as:
a. the macroeconomic index.
b. the mortality rate.
c. the market index.
d. the misery index.
e. a coincident indicator.

Question 2

CNN announces that bad weather in Central America has greatly reduced the number of cocoa bean plants, and, as a result, it is expected that the price of chocolate will rise in the near future. As a result:
a. the current market demand for chocolate will decrease.
b. the current market demand for chocolate will increase.
c. the current quantity demanded for chocolate will decrease.
d. there is no change in the current market for chocolate, but there will be after the current crop of cocoa bean plants is processed into chocolate.