Author Question: A healthy economy would be characterized by a relatively ____ unemployment rate and a relatively ... (Read 52 times)

s.tung · **on:** Jun 30, 2018

A healthy economy would be characterized by a relatively ____ unemployment rate and a relatively ____ labor force participation rate.
a. low; low
b. low; high
c. high; low
d. high; high

Question 2

Deficits and surpluses in the balance of payments are eliminated by ____ in a pure flexible exchange rate system.
a. the market mechanism
b. financial borrowings
c. reserve movements
d. changes in fiscal and monetary policies