This topic contains a solution. Click here to go to the answer

Author Question: Suppose the measured unemployment rate is 7.5 and the true natural rate of unemployment is 5.1. If ... (Read 118 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
Suppose the measured unemployment rate is 7.5 and the true natural rate of unemployment is 5.1. If the chair of the Fed believes the natural rate of unemployment to be 6.7, then the chair will
 
  A) stimulate the economy when it should be slowed.
  B) slow the economy when it should be stimulated.
  C) stimulate the economy, exactly as called for.
  D) slow the economy, exactly as called for.

Question 2

The amount by which the federal government's annual expenditures exceed its annual receipts is the
 
  A) federal debt.
  B) federal government budget deficit.
  C) federal government budget surplus.
  D) federal profit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

B





 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

For a complete list of videos, visit our video library