Author Question: The velocity of money is the: a. rate at which the price index for consumer goods rises. b. ... (Read 68 times)

saraeharris · **on:** Jun 30, 2018

The velocity of money is the:
a. rate at which the price index for consumer goods rises.
b. multiple by which an increase in government expenditures will cause output to expand.
c. average number of times a dollar is used to buy goods and services included in GDP.
d. number of times a dollar is taken out of the country during a year.

Question 2

An example of structural unemployment is a(n):
a. textile worker who quits one job and waits for the new job to begin.
b. engineer permanently laid off due to advances in technology.
c. computer programmer who becomes rich and leaves the labor force.
d. All of these.