The number of unemployed divided by the labor force equals
A) the inflation rate.
B) the labor force participation rate.
C) the unemployment rate.
D) the misery index.
C
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Information in a firm's financial statements
A) assists investors who are considering buying the firm's stock. B) helps the firm's managers make decisions. C) guide resource allocation in the economy. D) all of the above
Gross domestic product is calculated as the sum of the
A) total quantity of final goods and services produced in the economy during a period of time. B) total quantity of goods and services produced in the economy. C) total market value of goods and services produced in the economy. D) total market value of final goods and services produced in the economy during a period of time.
A carbon tax is an example of:
A. a Coase theorem solution. B. a Coase tax. C. a Pigovian tax. D. a market failure.
If the real exchange rate rises 2%, domestic inflation is 3%, and foreign inflation is 1%, what is the percent change in the nominal exchange rate?
A. 6% B. 0% C. 4% D. 2%