In the table above, the official U-3 unemployment rate is
A) 50 percent.
B) 15 percent.
C) 10 percent.
D) 5 percent.
D
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A rise in the domestic interest rate leads to capital
A. outflows and exchange rate appreciation. B. outflows and exchange rate depreciation. C. inflows and exchange rate depreciation. D. inflows and exchange rate appreciation.
What effect does an increase in real GDP have on the demand for money?
What will be an ideal response?
When the value of our goods exports is less than the value of our goods imports,
A. foreign currency reserves must fall. B. the value of the dollar must fall. C. there will be domestic unemployment. D. there will be an unfavorable balance of trade.
Exhibit 8-11 A firm's cost and marginal revenue curves
In Exhibit 8-11, the profit-maximizing output level at the price of $8 is:
A. 0. B. 7. C. 8. D. 10.