A college graduate using the summer following graduation to search for a job would best be classified as:
A. not officially a member of the labor force.
B. a part of cyclical unemployment.
C. a part of structural unemployment.
D. a part of frictional unemployment.
Answer: D
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An increase in real GDP leads to
A) a movement upward along the demand for money curve but no shift of the curve. B) a movement downward along the demand for money curve but no shift of the curve. C) neither a shift in the demand for money curve nor a movement along the curve. D) a leftward shift in the demand for money curve. E) a rightward shift in the demand for money curve.
What is fiscal policy, who makes it, and what is it designed to influence?
What will be an ideal response?
A nominal variable, such as the inflation rate or the money supply, which ties down the price level to achieve price stability is called ________ anchor
A) a nominal B) a real C) an operating D) an intermediate
Suppose a U.S. investor buys a Canadian government bond with a face value of Canadian dollar (CAD) 100 and an annual yield of 8.8 percent. Which of the following statements is true?
a. At maturity, the dollar return from the Canadian bond will be $108.8, regardless of what happens to the exchange rate. b. The Canadian bond will yield the same dollar return from the time of purchase to the time of maturity. c. An American will make a profit on the Canadian bond only when the CAD-denominated return is higher on the Canadian bond than the dollar-denominated return on a comparable U.S. bond. d. The dollar return on the Canadian bond depends on the dollar price of the Canadian dollar at the time of maturity. e. The decision to buy the Canadian bond should be based solely on the CAD interest return and not on changes in the exchange rate.