The table above gives data for the nation of Pearl, a small ...

[schs14]

The table above gives data for the nation of Pearl, a small island in the South Pacific. When the economy is at full employment the price level is
 
  A) 150. B) 110. C) 130. D) 140. E) 120.

Question 2

After the passage of the North American Free Trade Agreement, which made it less expensive to import goods from Mexico, workers in some industries found their factories being relocated to Mexico to take advantage of lower labor costs.
 
  These workers experienced what type of unemployment?
  A) cyclical B) trade C) foreign D) structural E) frictional

[soda0602]

Answer to Question 1

E

Answer to Question 2

D

[schs14]

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