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Author Question: When the economy produces its potential output, _____ is zero. a. frictional unemployment b. ... (Read 82 times)

sammy

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on: Jun 30, 2018
When the economy produces its potential output, _____ is zero.
 a. frictional unemployment
  b. cyclical unemployment
 c. seasonal unemployment
 d. structural unemployment
  e. disguised unemployment

Question 2

Other things constant, an increase in the real GDP of a country will:
 a. increase the price level.
 b. shift the demand for money curve rightward.
  c. shift the demand for money curve leftward.
 d. decrease the nominal interest rate.
 e. decrease the quantity of money demanded.


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helenmarkerine

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

b

Answer to Question 2

b


sammy

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Mochi

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Reply 3 on: Yesterday
Excellent

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