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What is the unemployment rate for a nation with 6 million em…

What is the unemployment rate for a nation with 6 million employed and 2 million unemployed? a. 10% b. 5% c. 20% D. 25%

Published July 4, 2021
Categorized as Uncategorized

Which type of unemployment is likely to be higher when real…

Which type of unemployment is likely to be higher when real GDP growth is lower? a. frictional unemployment b. cyclical unemployment c. structural unemployment d. natural rate of unemployment

Published July 4, 2021
Categorized as Uncategorized

When a nation has a money supply of 4,000, a money velocity…

When a nation has a money supply of 4,000, a money velocity of 2, and a GDP of 800, the price level is 100.

Published July 4, 2021
Categorized as Uncategorized

Suppose the Fed carries out an open market purchase and cred…

Suppose the Fed carries out an open market purchase and credits the account of a bank by $160,000. Further suppose that the reserve ratio (RR) is 10%. By how much is the money supply expected to change? a. $160,000 b. $1.6 Million c. $16 Million d. $1.76 million

Published July 4, 2021
Categorized as Uncategorized

Suppose the nominal GDP of a country is $500 billion. If the…

Suppose the nominal GDP of a country is $500 billion. If the velocity of money in the country is 10, then the country’s money supply will equal: a. 5000 billion b. 510 billion c. 490 billion d. 50 billion

Published July 4, 2021
Categorized as Uncategorized

A shortage of savings in the loanable funds market will: a….

A shortage of savings in the loanable funds market will: a. drive market interest rates up. b. drive market interest rates down. c. increase the supply of loanable funds. d. increase the demand for loanable funds. 

Published July 4, 2021
Categorized as Uncategorized

Which is MOST liquid? a. mortgage loan b. checkable deposits…

Which is MOST liquid? a. mortgage loan b. checkable deposits in a bank c. truck d. a diamond

Published July 4, 2021
Categorized as Uncategorized

In which of the following are similarities routinely importa…

In which of the following are similarities routinely important to the long-term success of a partnership?

Published July 4, 2021
Categorized as Uncategorized

Suppose the nominal interest rate is 4% and the inflation ra…

Suppose the nominal interest rate is 4% and the inflation rate is 5%. The real interest rate is: a. 9% b. 0% c. 1% d. -1%

Published July 4, 2021
Categorized as Uncategorized

Superoxide dismutase converts oxygen free radicals to water…

Superoxide dismutase converts oxygen free radicals to water and oxygen.

Published July 4, 2021
Categorized as Uncategorized

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