By offering less generous unemployment insurance programs, the United States can expect
A) citizens to pay more in taxes than citizens pay in Europe.
B) longer periods of unemployment for their workers.
C) workers to be slow in gaining new skills in response to fluctuations in the labor market.
D) shorter periods of unemployment for their workers.
D
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An inflationary gap will exist when the full employment level of GDP is
A. equal to equilibrium GDP. B. greater than equilibrium GDP. C. less than equilibrium GDP. D. greater than disposable income.
Which of the following would likely make the interest rate on a bond higher than otherwise?
a. both high credit risk and a long term b. high credit risk but not a long term c. a long term but not a high credit risk d. neither high credit risk nor a long term
Use the following diagram to answer the next question. 
The diagram illustrates the pattern of
A. wage movements over time. B. business cycles. C. price level movements. D. economic growth patterns.
You deposit $3,000 into an N–year certificate of deposit that pays 4.5 percent annual interest, and at the end of the N years you have $4,082.59 . What is the number of years, N?
a. 4 b. 5 c. 6 d. 7