Macroeconomics Questions

The current U.S. unemplyment rate is closest to

A person who voluntarily quits his/her job in Denver and expects to get a similar job in seattle is an example of

Payments to households not in exchange for goods and service currently produced are:

based on the circular flow model, money flows from households to businesses in

Based on the circular flow model, households provide funds that firms borrow to finance investment spending in

All final goods and service that make up GDP can be expressed in the form

According to the net exports effect, as the US price level falls relative to the rest of the world

Which of the following statements is true?a. deflation is an increase in the general level of prices.b. The consumer price index measures changes in the average prices of consumer goods and services c. Disinflation is an increase in the rate of inflationd. real income is the actual number of dollars received over a period of time e. the real interest rate equals the nominal rate of interest plus the inflation rate

Suppose a market basket of goods and services costs 400 in the base year and the consumer price index (CPI) is currently 125. This indicates the price of the market basket of goods is now...

Which of the following is not a component of the aggregate demand curve:a. Government spendingb. Investment c. consumptiond. saving

When GDP is measured as the total payments made to households that furnish the resources used to produce the final goods and service, it is known as...

Suppose the consumer price index (CPI) for Year X is 130. This means the average price of goods and services is

Find the size of the civilian labor force from the following data: frictional unemployment = 150Structural un = 200cyclical un = 225 discouraged workers = 25 underemployed workers = 75 fully employed workers = 850 Total population = 2000

Melody Garcia is a homemaker. Last week, she was busy with her normal household chores. She is...

If a sizable number of workers were switched form full-time to half-time employment, then the official unemployment rate would:a. riseb. fallc. remain unchangedd. react unpredictablye. double

What would cause SRAS to decrease (shift to the left) i.e. would would cause an increase in the cost of production at each level of real GDP?

what would cause SRAS to increase (shift to the right) i.e. what would cause a decrease in the cost of production at each level of real GDP?

Which one - money, income, or wealth - does the central bank control?

When the Federal Reserve acts as a lender of last resort, does that represent a bail out of the banks?

equilibrium unemployment rate requires