A nation's account with the International Monetary Fund is known as
A) a quota subscription.
B) monetary deposits.
C) monetary rights.
D) international reserves.
A
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A price support program:
A. lowers the market price by making purchases of a good, thereby increasing demand. B. lowers the market price by making purchases of a good, thereby reducing demand. C. raises the market price by making purchases of a good, thereby increasing demand. D. raises the market price by making purchases of a good, thereby reducing demand.
An increase in household production will increase gross domestic product (GDP)
a. True b. False Indicate whether the statement is true or false
When the economy experiences sustained economic expansion, the percent of the population who are unemployed 27 weeks of longer:
A. decreases. B. increases. C. may increase or decrease. D. does not change.
Suppose there are 5 million unemployed workers seeking jobs. After a period of time, 1 million of them become discouraged over their job prospects and cease to look for work. As a result of this, all else equal, the official unemployment rate would
A. be unchanged. B. increase in the short run but eventually decline. C. increase. D. decline.