Which type of unemployment contributes to the natural rate of unemployment?
A. Real-wage unemployment
B. Cyclical unemployment
C. Unemployment of government workers.
D. All of these contribute to the natural rate.
A. Real-wage unemployment
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In surveying their alumni, State U's economics department discovered that ramen noodle consumption declined once students graduated and found jobs. One conclusion the survey team might draw from this result is that:
A. ramen noodles are an inferior good. B. there is excess demand for ramen noodles. C. college graduates have a high reservation price for ramen noodles. D. the equilibrium price for ramen noodles is too high.
The components of the U.S. M1 money supply are demand and checkable deposits plus
A) currency. B) currency plus savings deposits. C) currency plus travelers checks. D) currency plus travelers checks plus money market deposits.
Suppose that an industry contains 4 firms with the following market shares: 50%, 25%, 15%, 10%. What is the value of the Herfindahl-Hirschman Index for this industry?
What will be an ideal response?
When a country borrows from the IMF
A) it receives all the funds from the loan at once. B) it receives funds in tranches, each dependent on the completion of reform targets. C) it is free of conditions. D) it can be any amount that the country requests.