With what measure does cyclical unemployment tend to move?
A) Per capita GDP growth rate
B) Nominal GDP
C) Inflation
D) GDP deflator
Correct Answer:
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Q84: When the economy swings back toward the
Q85: When growth goes down, unemployment tends to
Q86: An economic slow-down predicts the new equilibrium
Q87: Supporters of minimum-wage legislation argue that:
A) workers
Q88: When economists say wages are "sticky," they
Q90: Those who oppose minimum wage legislation argue
Q91: An economic slow-down would cause the labor:
A)
Q92: The degree of wage stickiness in the
Q93: Unemployment is a lagging indicator because:
A) employers
Q94: An economic boom predicts the new equilibrium
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