Author Question: Which of the following statements is true of unemployment? A) In periods of contraction, the ... (Read 48 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
Which of the following statements is true of unemployment?
 
  A) In periods of contraction, the unemployment rate in an economy decreases.
  B) The unemployment rate in most of the developed nations in the world is zero percent.
  C) In periods of expansion, the unemployment rate in an economy increases.
  D) The rate of unemployment is positive in any well-functioning economy.

Question 2

If the realized real interest rate in an economy is 6, the nominal interest rate is 8, and the expected inflation rate is 8, then the realized inflation rate in the economy is:
 
  A) 2. B) 4. C) 8. D) 6.



lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library