Author Question: If aggregate demand equals aggregate supply, macroeconomic equilibrium exists. a. True b. False ... (Read 126 times)

panfilo

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If aggregate demand equals aggregate supply, macroeconomic equilibrium exists.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following people is counted in the labor force?
 a. Jerry, who lost his job and last looked for work three months ago.
  b. Bob, who holds an MBA in management but can only find part-time employment at a fast-food restaurant.
  c. Phil, who would like to work as a stockbroker but is now a househusband.
  d. Mickey, who thinks he could easily become a millionaire, despite the opinion of the psychiatrist at the state hospital where he is a patient.
  e. Donna Jean, age 90, who is enjoying her retirement in Montana.



akpaschal

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Answer to Question 1

True

Answer to Question 2

b



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