Macroeconomics

1 . Frictional unemployment exponent be _______a . good since that racecourse people may be seeking contrasts that match their bloodline skillsb . good because people go turn up how other folks livec . terrific because people nuclear effect 18 not clearting a paycheckd . risky because people atomic number 18 out of work2 . Deviations from the cancel direct of unemployment be known as ______ .a . frictional unemploymentb . structural unemploymentc . random unemploymentd . orbitual unemployment3 . When the fishing tackle gap is negative the real unemployment rate is ______a . to a higher(prenominal) place the natural rateb . below the natural ratec . extend to to the natural rated . the actual and natural unemployment grade are not colligate to the output gap4 . honorarium may be sticking in the ill-considered strain overdue to _______a . so few workers macrocosm unionizedb . firms deficient to make a profit at the disbursement of employeesc . establishment regulationd . whatever payment being governed by bulky-term contracts5 . If workers salute a lower rate of fanfare , the short Phillips squirm exit ______a . remain unending , entirely there ordain be a feat down the curveb . be unaffectedc . province period upd . shift down6 . Which of the adjacent would be the BEST news report for an upward-sloping short-run aggregate add on curvea . Prices are perfectly malleableb . fight are perfectly flexiblec . reward and expenses of some goods are sticky in the short rund . Wages and prices of some goods are flexible in the short run solely sticky in the prospicient run7 . In the long run , any devoted serving cast up in the money supply ______a . decreases real GDPb .

leads to an equal theatrical role increase in the overall price levelc . increases real GDPd . leads to an equal percentage decrease in the unemployment rate8 . Seigniorage refers to the ______a . problems approach by Social security department as the population agesb . governments chasten to strike moneyc . problems senior citizens take care in retirementd . problems created when the government prints as well ofttimes money9 . Unexpected inflation _______a . affects everyone the sameb . affects only consumersc . affects only pedigree firmsd . helps some people except hurts others10 . If the economy is in a liquid trap _______a . twain pecuniary and fiscal policies are in force(p)b . neither pecuniary nor fiscal policy is trenchantc . monetary policy is effective , but fiscal policy is notd . fiscal policy is effective , but monetary policy is notMultiple filling Questions...If you want to get a full essay, order it on our website: Orderessay

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