Which of the following statistics can turn negative?
A. inflation rate
B. CPI
C. unemployment rate
D. GDP
Answer: A
You might also like to view...
Discuss the effects of an unexpected decrease in the inflation rate policy on unemployment in the short run. If the reduction in inflation is permanent, what happens in the long run?
What will be an ideal response?
The decline in the role of manufacturing over the last four decades has caused our economy to be
A. less vulnerable to inventory cycles. B. more vulnerable to inventory cycles. C. has not affected the vulnerability to inventory cycles. D. caused an increase in frictional unemployment.
If one's demand for peanut butter decreases as income rises, the income elasticity of demand for the product is
A) elastic. B) inelastic. C) unit elastic. D) negative.
If the Fed buys securities on the open market, this will
A. reduce banks' excess reserves. B. increases banks' excess reserves. C. lower the reserve requirement. D. contract the money supply.