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Author Question: Compared to the natural rate of unemployment, the actual unemployment rate is A) always lower. ... (Read 88 times)

sam.t96

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on: Jun 30, 2018
Compared to the natural rate of unemployment, the actual unemployment rate is
 
  A) always lower.
  B) always higher.
  C) always the same.
  D) higher in periods when GDP fails to grow at its normal rate.

Question 2

The level of reserves in the banking system is determined by
 
  A) the Federal Open Market Committee. B) the Treasury Department.
  C) bond dealers. D) the American Banking Association.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Danny Ewald

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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