After falling form a peak of 138.1 million in January 2008 to a trough of 129.9 million in September 2010, employment in the U.S. economy:
A. just reached its January 2008 peak in April 2013.
B. had only recovered to 135.5 million by April 2013.
C. recovered for a year, only to decline further by April 2013.
D. rose to over 140 million by April 2013.
B. had only recovered to 135.5 million by April 2013.
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What are the three main kinds of unemployment?
A) frictional, seasonal, and cyclical B) structural, frictional, and cyclical C) cyclical, structural, and temporary D) temporary, permanent, and volunteer
The CPI is calculated by
A. summing the prices of all consumption goods in the economy. B. multiplying the rate of inflation in the economy times the unemployment rate. C. surveying a group of consumers and asking them about their monthly expenditures on necessities. D. pricing a basket of goods and services purchased by a typical urban household.
If a nation has flexible exchange rates and its current and capital accounts equal zero, then the:
a. Financial account must be positive b. Financial account can be positive or negative depending on the size of the budget deficit and exchange rate. c. Reserves account can be positive or negative depending on the size of the budget deficit and exchange rate. d. Financial account minus the reserves account must equal zero.
Since it is counted as investment, why doesn't the purchase of earthmoving equipment from China by a U.S. corporation increase U.S. GDP?