A person collecting unemployment insurance benefits is
A. officially unemployed.
B. not in the labor force.
C. classified as a discouraged worker.
D. is employed.
A. officially unemployed.
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Figure 19-1
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Of the graphs in Figure 19-1, which one shows the effects of an increase in interest rates in Japan and a depreciation of the dollar?
A. 1 B. 2 C. 3 D. 4
In the above figure, the initial supply of loanable funds curve is SLF0 and the initial demand for loanable funds curve is DLF0. An economic expansion that raises disposable income and the expected profit would
A) only shift the supply of loanable funds curve rightward to a curve such as SLF1. B) shift the supply of loanable funds curve rightward to a curve such as SLF1, and shift the demand for loanable funds curve rightward to a curve such as DLF1. C) only shift the demand for loanable funds curve rightward to a curve such as DLF1. D) have no effect on either the demand for loanable funds curve or the supply of loanable funds curve.
Refer to Table 2-16. What is Finland's opportunity cost of producing one board foot of lumber?
A) 0.25 cell phones B) 4 cell phones C) 12 cell phones D) 16 cell phones
A firm produces construction equipment, some of which it exports. Which of the following effects of an increase in the government budget deficit would likely reduce the quantity of equipment it sells?
a. the change in the interest rate and the change in the exchange rate b. the change in the interest rate but not the change in the exchange rate c. the change in the exchange rate but not the change in the interest rate d. neither the change in the interest rate nor the change in the exchange rate