In recession years, ________ jobs are lost than created, and vacancies and job openings ________.
A. fewer; increase
B. more; decline
C. fewer; decline
D. more; increase
Answer: B
You might also like to view...
Monetary policy has a greater impact in an open economy than it does in a closed economy
Indicate whether the statement is true or false
Does inflation result from increases in aggregate demand, short-run aggregate supply, or long-run aggregate supply?
What will be an ideal response?
When the unemployment rate is on the horizontal axis and the real wage is on the vertical axis, an increase in productivity will cause which of the following to occur?
A) The wage-setting and price-setting curves will both shift downward. B) The wage-setting and price-setting curves will both shift upward. C) The price-setting curve to shift downward, and no shift in the wage-setting curve. D) The wage-setting curve to shift upward, and the price-setting curve to shift downward. E) The wage-setting curve to shift downward, and the price-setting curve to shift upward.
According to the above figure, planned consumption and income are equal at an income level of
A) Y0. B) Y1. C) Y2. D) Y3.