The natural rate of unemployment

Assignment Help Business Economics

Reference no: EM131387967

1. The natural rate of unemployment

a. can change in quantity through fiscal and monetary policy.

b. can change in quantity but by some other means than fiscal and monetary policy.

c. can change in quantity with a shift of the aggregate demand curve

d. can never change in quantity.

2. Money demand occurs because people ____________ and will pay a price for it known as the interest rate. This ______ true for those who hold high sums of money in a checking and savings account.

a. have insufficient income for many of their needs // is also

b. have insufficient income for many of their needs // is not

c. need to have a certain amount of liquidity since non-liquid assets cannot be easily traded // is also

d. need to have a certain amount of liquidity since non-liquid assets cannot be easily traded // is not

Reference no: EM131387967

Questions Cloud

The schools of thought handout shows : As long as marginal cost is below marginal revenue, a perfectly competitive firm should. The “Schools of Thought” handout shows.

Arguments in favor of active economic policy : Arguments in favor of active economic policy include all of the following except:

Wealth of regional trade agreements : Latin America has a wealth of regional trade agreements. Look into Chile’s recent agreement with China and analyze their likely effects on exports and imports. What products are most likely to be involved in expanded Chilean–Chinese trade?

Where does market power arise from : Where does market power arise from? (1) the entry of new firms to an industy in which the firms are earning large producer surplus (2)barriers to entry (3) diseconomies of scale (4) diminishing marginal returns

The natural rate of unemployment : The natural rate of unemployment. Money demand occurs because people ____________ and will pay a price for it known as the interest rate. This ______ true for those who hold high sums of money in a checking and savings account.

Achieve universal health and medical coverage : Do you agree that federal and state regulations rather than competition is needed to limit rising health and medical care expenditures and achieve universal health and medical coverage? Justify your position.

Some analysts blame the last economic crisis on fed policy : Some analysts blame the last economic crisis on Fed policy. T

Money supply equation represents aggregate demand : Which part of the money supply equation represents aggregate demand? The accelerationism model says that fiscal and monetary policy.

Unemployment and inflation occurring at the same time : Which model can show both unemployment and inflation occurring at the same time? The curve/line which also doubles as the full employment supply line is.

User Account

All Pages