The upward trend in the U.S. labor force participation rate the past 50 years is explained by
A) the increase in the population.
B) the increase in the male labor force participation rate.
C) the increase in the number of discouraged workers.
D) the increase in the female labor force participation rate.
E) Both answers B and D are correct.
D
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A totalitarian leader
a. situational leadership b. participative leadership c. autocratic leadership d. laissez faire leadership
Because increases in input prices eventually make it to consumers when they buy the final product, the PPI:
A. is considered a good predictor of future consumer prices. B. accounts for inflation before it reaches consumers, adjusting the CPI downward. C. is a lag variable for inflation. D. accounts for inflation before it reaches consumers, adjusting the CPI upward.
Control of money growth to stabilize inflation only works if velocity were constant. In practice, changes in velocity:
A. must be taken into account no matter what the inflation rate. B. can safely be ignored in countries with relatively low inflation rates. C. can always safely be ignored. D. are important when inflation is low.
The financial crisis and recession which began in 2007:
A. impacted only high-income countries. B. did not impact the United States. C. impacted many countries in the world. D. impacted only low-income countries.