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Author Question: When the economy produces its potential output, _____ is zero. a. frictional unemployment b. ... (Read 35 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
Excellent

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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