Involuntary part-time workers are not working more hours due to
A) economic reasons.
B) a lack of training and skills.
C) an increase in the labor force.
D) family reasons.
E) educational commitments.
A
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The above table gives assets and deposits for a (small) bank. The bank's deposits that are part of M2 are equal to
A) $600. B) $1600. C) $3,100. D) $30. E) $5,100.
Suppose the economy is experiencing frictional unemployment of 1 percent, structural unemployment of 3 percent and cyclical unemployment of 4 percent. What is the natural unemployment rate?
A) 3 percent B) 4 percent C) 5 percent D) 7 percent
Which of the following is not a consequence of the Fed changing the reserve requirement?
A) Changes in the ratio are easily incorporated into banks' routine management. B) Changes in the ratio effectively places a tax on banks' deposit taking and lending activities. C) Decreasing the ratio will increase excess reserves. D) Increasing the ratio will decrease the amount of reserves banks have to loan.
Along the Keynesian range of the aggregate supply curve, an increase in the aggregate demand curve will increase:
A. both the price level and real GDP. B. only real GDP. C. only the price level. D. real GDP and reduce the price level.