(05.02 MC) An unemployment rate less than the natural rate of unemployment would correspond to

(02.07 MC) Use the graph to answer the question that follows.At the points T1 and T3 of this economy’s business cycle, which of the following occurred?

(03.08 MC) Which of the following fiscal policy actions is taken by the government to eliminate inflationary gap in the economy?

(02.03 MC) Why do economists state the unemployment rate tends to underestimate the inadequacy of labor market opportunities?

(05.06 MC) With the advancement in technology and an increase in labor productivity, the output of an economy increases. How is this phenomenon analogous to the outward shift of the long-run aggregate supply curve?

(03.01 LC) Which of the following components will be included in determining the aggregate demand of a country?

(06.02 MC) Use the graph to answer the question that follows.From the graph, at price P2, supply is greater than the demand. How will the price adjust in order to bring the exchange rate to its equilibrium?

(03.02 MC) If the marginal propensity to consume is .75 (or 75%), which of the following is true?

(01.03 MC) If Country A can produce 3 X or 6 Y with a unit of labor and Country B can produce 3 X and 3 Y with a unit of labor, which of the following statements is true?

  (05.03 MC) Which of the following could occur if a central bank keeps decreasing the money supply constantly in an economy?