"Discouraged workers" comprise the percentage of those in the:
a. labor force who are employed and are seeking employment
b. labor force who have chosen early retirement because they dislike their work.
c. adult population who want to be employed but have given up the search for a job.
d. labor force who are looking for a job but cannot find one.
e. adult population who are in the labor force.
c
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Refer to Figure 9.2. A movement from point d to point a could be caused by a simultaneous ________ and ________
A) increase in the money supply; massive crop failure B) decrease in the money supply; increase in the price of oil C) decrease in taxes; decrease in the money supply D) decrease in government spending; decrease in the price of oil
Corporations can finance their activities through the sale of new stocks but are legally prohibited from selling bonds.
Answer the following statement true (T) or false (F)
Which part of real GDP fluctuates most over the course of the business cycle?
a. consumption expenditures b. government expenditures c. investment expenditures d. net exports
What happens in the money market when there is an increase in the supply of money?
A) The equilibrium quantity of money increases and the equilibrium interest rate increases. B) The equilibrium quantity of money increases and the equilibrium interest rate decreases. C) The equilibrium quantity of money decreases and the equilibrium interest rate increases. D) The equilibrium quantity of money decreases and the equilibrium interest rate decreases.