The unemployment rate is:
A) the fraction of the population with no job.
B) the fraction of those seeking work with no job.
C) the rate of growth of those with no job.
D) the rate of growth of those seeking work.
Correct Answer:
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Q4: Monetary policy involves:
A)the government's expenditure.
B)taxation.
C)determining the quantity
Q5: During recessions the unemployment rate:
A)declines.
B)increases.
C)is stable.
D)is unmeasurable.
Q6: Macroeconomists study:
A)the determination of the economy's total
Q7: Among the prices that macroeconomists study are:
A)the
Q8: Fiscal policy involves:
A)determining exchange rates.
B)government expenditures.
C)interest rates.
D)all
Q10: The unemployment rate in France was highest
Q11: Macroeconomists study the price of individual products
Q12: When real GDP falls toward a low
Q13: When GDP is expanding toward a high
Q14: If price is below equilibrium in a
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