Which of the following expressions measures the figures of Labor Statistics offi

Question

Which of the following expressions measures the figures of Labor Statistics official unemployment rate? The difference between a budget deficit and the national debt is: Unemployment is rising and GDP is decreasing. The economy is: When economists say that the unemployment rate will never be zero, they mean that The most commonly used measure of price changes in the U.S. economy is: As a result of the failure to include discouraged workers as part of the official measure of the labor force: A progressive income3 tax structure helps to slow the decline in aggregate demand in a recession because: Which best describes the incentives that expected inflation provides to sellers/suppliers in the economy? During recessions, Congress has often acted to extent unemployment benefits beyond the automatic 26 weeks of benefits because unemployment is still high. This king of policy is an example of:

Explanation / Answer

16. (a) Employed

Employed + Unemployed

17. (e)

18. (a) Entering a recession

19. (c) there will always be some frictional, structural and seasonal unemployment.

20. (b)

21. (a)

22. (B)

23. (C)

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