The? state's unemployment rate could have increased at the same time that employment in the state was increasing because
What will be an ideal response?
the number of discouraged workers and other people not previously counted as unemploymed entered the labor force.
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The government redistributes funds via transfer payments in order to ________
A) reduce the number of private transactions B) increase competition among domestic producers C) finance the operation of its various departments D) reduce inequality among the citizens
According to liquidity preference theory, an increase in the price level causes the interest rate to
a. increase, which increases the quantity of goods and services demanded. b. increase, which decreases the quantity of goods and services demanded. c. decrease, which increases the quantity of goods and services demanded. d. decrease, which decreases the quantity of goods and services demanded.
Between 1989 and 1994 the poverty rate went _____.
A. down substantially B. down slightly C. up slightly D. up substantially
When equilibrium GDP is below potential GDP, jobs are
A. plentiful and unemployment is low. B. plentiful and unemployment is high. C. scarce and unemployment is high. D. scarce and unemployment is low.