If the number of employed workers in a country is 6 million, and the size of the labor force in the economy is 8 million, the unemployment rate in the country is:
A) 25 percent. B) 24 percent. C) 8 percent. D) 30 percent.
Question 2
If the Fed buys government bonds from the open market, it will cause:
A) a shift of the supply curve for reserves to the right.
B) a shift of the supply curve for reserves to the left.
C) a downward movement along the supply curve for reserves.
D) an upward movement along the supply curve for reserves.
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