The sum of the unemployment rate and the inflation rate is known as:
a. the macroeconomic index.
b. the mortality rate.
c. the market index.
d. the misery index.
e. a coincident indicator.
d
You might also like to view...
If demand is downward sloping and there is tax on the good, Consumer surplus equals
a. The area between the demand curve and the price, up to the equilibrium quantity. b. Total surplus minus producer surplus. c. Total surplus minus producer surplus and government tax revenue. d. Total surplus minus producer surplus, government tax revenue, and dead-weight loss.
Using the table above, what is the marginal product of the 5th worker hired at Decent Donuts?
A) 86 dozen donuts per day B) 22 dozen donuts per day C) 17.2 dozen donuts per day D) 64 dozen donuts per day
During recent Global Economic Crises, consumers' real wealth in the U.S. declined as a result of
A) the stock market crash, pricking of the housing bubble, and the increased household borrowing. B) the expansionary fiscal policy, and the expansionary monetary policy. C) the lack of fiscal and monetary policy coordination. D) the banks' decision not to issue additional loans.
An exchange rate of $1 = 0.89 euro means that:
a) it takes 89 euros to buy $1. b) 1 euro will buy $0.89. c) $1 can buy 0.89 euros. d) $0.89 exchanges for 1 euro.