________ unemployment occurs naturally in the labor market as workers search for jobs
A) Cyclical B) Frictional C) Structural D) Inflationary
B
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Savings and investment are equal:
A. at the equilibrium in the market for loanable funds. B. because banks regulate their flow. C. at an interest rate set by the Fed. D. when banks operate according to banking regulations.
A bond with a par value of $1,000 is traded at $2,000 . The interest rate offered on the bond is 10 percent per annum. The bond matures after a period of 5 years. The yield from the bond is:
a. 5 percent. b. 10 percent. c. 20 percent. d. 15 percent. e. 2.5 percent.
Which of the following is an example of microeconomic analysis?
a. impact of taxation on national income b. rate of increase in the national debt c. relationship between inflation and interest rates set by the Federal Reserve d. none of the above
It is generally true that per capita GNP is:
a. negatively correlated with labor productivity. b. positively correlated with the standard of living. c. negatively correlated with the life expectancy rate. d. uncorrelated with the literacy level. e. positively correlated with the rate of population growth.