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Author Question: Suppose that everyone who has looked for a job for more than six months gave up in despair and ... (Read 124 times)

joesmith1212

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on: Jun 30, 2018
Suppose that everyone who has looked for a job for more than six months gave up in despair and stopped looking. What would happen to the unemployment rate?
 a. It would increase.
 b. It would fall.
 c. It would change, but the effect cannot be predicted.
  d. It would not change.

Question 2

Which of the following would occur as a result if Europe experienced a lower inflation rate than the U.S.?
 a. European products would become more expensive to U.S. consumers.
 b. It would decrease the quantity of European goods demanded by Americans.
  c. It would decrease the demand for Euros.
 d. None of the above would occur.


pikon

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

b

Answer to Question 2

d


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joesmith1212

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Reply #2 on: Jun 30, 2018
Thank you


pikon

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Reply #3 on: Jun 30, 2018
No problemo


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