If cyclical unemployment is 4%, the overall unemployment rate
A. is 4%.
B. is more than 4%.
C. is 9%.
D. is more than 9%.
C. is 9%.
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Evidence that most investors are risk averse is that they
A) buy a diversified portfolio. B) buy different bonds with the same yield and maturity. C) put most of their funds in one company's stock. D) like to gamble.
In colonial times, the French guinea, the Spanish pistole, and the English crown circulated as money on the streets of New York, Boston, Baltimore, and Philadelphia and were exchanged readily for each other
Indicate whether the statement is true or false
If the marginal propensity to save of an economy is 0.4, then the simple spending multiplier is: a. 2.5
b. 0.6. c. 1.67. d. 1.
Structural unemployment is a result of
a. difficulties in matching qualified workers with available jobs. b. inaccurate or costly information about job opportunities. c. slow or negative economic growth, as during a recession. d. not enough workers to fill available jobs.