People who are working up to 34 hours per week but would like to work more are considered
A) involuntary part-time workers.
B) discouraged workers.
C) job leavers.
D) job seekers.
E) unemployed.
A
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If C = $400, I = $100, G = $50, NX = $30, and NFP = $5, how much is GDP?
A) $580 B) $575 C) $585 D) $550
An increase in the price level will
a. decrease the quantity of aggregate demand, shown as a downward movement along the existing aggregate demand curve b. decrease the quantity of aggregate demand, shown as an upward movement along the existing aggregate demand curve c. cause a rightward shift in the aggregate demand curve d. cause a leftward shift in the aggregate demand curve e. have no effect on the aggregate demand curve
Despite the elimination of the federal budget deficit in the late 1990s, the trade deficit increased due to
A. increased household saving. B. decreased household saving. C. a depreciation of the dollar. D. an increase in inflation rates.
The discount rate
A) is determined by markets forces of demand and supply in the market for bank reserves. B) is set by the Board of Governors. C) is determined by investment banks. D) is determined by market forces of demand and supply in the credit market.