Deflation is to the price level as disinflation is to ______.
a. inflation
b. the inflation rate
c. relative price
d. a price index
b. the inflation rate
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In the United States today, how much gold will the Federal Reserve give you in exchange for $1?
A) 1 ounce of gold B) none C) 1/35th of an ounce of gold D) $1 worth of gold (based on the market price of an ounce of gold at the time you exchange the $1)
In 2005, SSI recipients received more than twice the average monthly payment than TANF recipients got
Indicate whether the statement is true or false
Economists use the term ______ to refer to the ability to produce a good using fewer inputs than another producer
Fill in the blank(s) with correct word
Structural unemployment may be particularly severe for
A. younger workers B. college graduates. C. older workers. D. workers with “high tech” skills.