The change in the unemployment rate is approximately equal to
A) the negative of the growth rate of output.
B) the negative policy rate.
C) the negative inflation rate.
D) the negative of the growth rate of money supply.
A
Economics
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In which decade did the United States begin experiencing large trade deficits?
A) 1960s B) 1990s C) 2000s D) 1970s
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To determine real GDP, divide nominal GDP by the
a. current values of goods and services. b. final goods and services. c. GDP deflator. d. value of GDP.
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Explain why the marginal product of labor shown in Moe’s Production Function with One Variable, Labor, is higher with two employees than it is with six.
What will be an ideal response?
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The arrangements that individuals have with each other to exchange goods is known as
A. complements. B. a market. C. supply. D. demand.
Economics