All of the following are considered to be unemployed EXCEPT
A) job leavers.
B) discouraged workers.
C) job reentrants.
D) new job entrants.
B
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In Germany the three largest banks or Grossbanken are
A) commercial banks. B) savings banks. C) cooperative banks. D) specialized banks.
In the ________ range of the aggregate supply curve, expansionary fiscal policy causes aggregate ________ to increase, which results in a higher price level and a higher equilibrium level of real GDP
a. intermediate, demand b. classical, demand c. Keynesian, supply d. intermediate, supply
The self-correcting tendency of the economy means that falling inflation eventually eliminates:
A. exogenous spending. B. recessionary gaps. C. expansionary gaps. D. unemployment.
An inward shift of the production possibilities frontier represents
A) positive economic growth. B) negative economic growth. C) a rise in the unemployment rate. D) technological improvement.