Homework Answers
Ans) 1) Inflation rate = [(CPI2 - CPI1)/CPI1 ]×100 = [(135-120)/120]×100 = 12.5%
Option b.
2) Frictional unemployment is when one is in process of finding job or has left one job to find another.
Option b.
3) Aggregate demand curve is downward sloping because as price level increase, purchasing power of income decreases.
Option c
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w wer Question 1. Year CPI 100 120 135 1. The inflation...
just need answers not the explanations swer Question 1. Year CPI 100 120 135 1. The...
just need answers
not the explanations
swer Question 1. Year CPI 100 120 135 1. The inflation rate for this economy in Year 3 is: A B C D 15% 12.5% 20% 399 • Aum officina unemployment would be Glen netlig alde in and work we op om condition Sueltager job to lock few ouching to a ti in early rentement from bewwkforce as work is difficult to find e rsitachile still not being demod in the mari. C D...
I just need the answers，not the explanations. O AI QUAD CAMERA O REDMI NOTE 8 PRO...
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just need the answers，not the explanations.
O AI QUAD CAMERA O REDMI NOTE 8 PRO Which of the following would be most likely to occur if there was in increase in the workforce participation rate with only some of the new participants being successful in finding a job! the number of unemployed and the unemployment rate would both rise the number of employed and the inflation rate would both rise the number of employed and the worldforce age would...
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macoroeconomics
1. Society as a whole faces opportunity costs because a. there is not enough money to go around b. politicians are greedy c. resources are scarce d. our needs are unlimited 2. Mary decides to spend 3 hours working overtime rather than watching a video with her friends. She earns $9 an hour. Her opportunity cost of working is: a. the enjoyment she would have received had she watched the video with friends. b. $27 she earns working c....
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just need answers
not the explanations
swer Question 1. Year CPI 100 120 135 1. The inflation rate for this economy in Year 3 is: A B C D 15% 12.5% 20% 399 • Aum officina unemployment would be Glen netlig alde in and work we op om condition Sueltager job to lock few ouching to a ti in early rentement from bewwkforce as work is difficult to find e rsitachile still not being demod in the mari. C D...
I
just need the answers，not the explanations.
O AI QUAD CAMERA O REDMI NOTE 8 PRO Which of the following would be most likely to occur if there was in increase in the workforce participation rate with only some of the new participants being successful in finding a job! the number of unemployed and the unemployment rate would both rise the number of employed and the inflation rate would both rise the number of employed and the worldforce age would...
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macoroeconomics
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