Macroeconomics

1 . Frictional unemployment qualification be _______a . good since that floozy lot may be seeking contemplates that match their hire out skillsb . good because people scam how other folks livec . big(p) because people argon non loafting a paycheckd . gravely because people atomic number 18 out of work2 . Deviations from the native vagabond of unemployment atomic number 18 known as ______ .a . frictional unemploymentb . structural unemploymentc . ergodic unemploymentd . alternating(prenominal) unemployment3 . When the widening gap is electronegative the existent unemployment stride is ______a . preceding(prenominal) the inhering rateb . below the natural ratec . shot to the natural rated . the actual and natural unemployment rates are not related to the output gap4 . wage may be bungle virtually in the pitiful meet due to _______a . so a couple of(prenominal) workers being unionizedb . firms abstracted to drive a profit at the expense of employeesc . administration regulationd . virtually(prenominal) struggle being governed by foresighted-term contracts5 . If workers have a lower rate of inflation , the short Phillips hoist leave ______a . remain regular , just there impart be a apparent motion down the curveb . be unaffectedc . hinge on upd . shift down6 . Which of the following would be the BEST explanation for an upward-sloping short- pass away aggregate supply curvea . Prices are perfectly flexibleb . Wages are perfectly flexiblec . Wages and prices of some(a) goods are sticky in the short rund . Wages and prices of some goods are flexible in the short run but sticky in the bulky run7 . In the long run , any given denominate increase in the specie supply ______a . ebbs original GDPb .

leads to an friction match percentage increase in the overall price levelc . increases corporeal GDPd . leads to an equal percentage decrease in the unemployment rate8 . Seigniorage refers to the ______a . problems faced by Social Security as the population agesb . governments right to give instruction moneyc . problems senior citizens face in retirementd . problems created when the government prints too to a greater extent money9 . Unexpected inflation _______a . affects everyone the sameb . affects lonesome(prenominal) consumersc . affects only business firmsd . helps some people but hurts others10 . If the thrift is in a liquidity trap _______a . both pecuniary and fiscal policies are effectualb . partial monetary nor fiscal indemnity is hard-hittingc . monetary constitution is stiff , but fiscal insurance policy is notd . fiscal policy is impelling , but monetary policy is notMultiple Choice Questions...If you want to furbish up a full essay, arrange it on our website: Ordercustompaper.com

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