Which of the following depends primarily on the growth rate of the money supply?
a. inflation and the natural rate of unemployment
b. inflation but not the natural rate of unemployment
c. the natural rate of unemployment but not inflation
d. neither inflation nor the natural rate of unemployment
b
You might also like to view...
In 1994, the Bureau of Labor Statistics started to report
A) the unemployment rate weekly to provide a better picture of the labor market. B) alternative measures of the unemployment rate that include narrower measures of the labor market. C) alternative measures of the unemployment rate that include broader measures of the labor market. D) the unemployment rate by surveying 200,000 households. E) B and C are correct answers.
Demand-pull inflation is caused:
a. by increases in production costs. b. by increases in tax rates by the government. c. by trade unions' pressure for wage hike. d. when spending increases in an economy producing at its maximum capacity. e. when increases in the supply of goods are exactly offset by increases in spending.
In the airline industry, tit-for-tat strategies have frequently led to
a. reciprocal hiring practices b. cost-reducing innovations c. profit-destroying price wars d. pricing policies that encouraged the entry of new firms e. profit-enhancing wage bargains
How much would be added to this year's GDP if you sold your four-year-old automobile for $4,000 and purchased a two-year-old model from an acquaintance for $10,000
a. nothing b. $6,000 c. $10,000 d. $14,000