129. Unexpected inflation can affect the unemployment rate in all of the followi
ID: 1211001 • Letter: 1
Question
129. Unexpected inflation can affect the unemployment rate in all of the following ways EXCEPT: A. Wage contracts B. Wage expectations C. Federal funds rate changes D. Inventory fluctuations E. None-all of these affect the unemployment rate132. Productivity is the A. Ratio of the amount of an input to the quantity of output produced B. Value of the goods a country produces in a year C. Ratio of capital to labor D. Amount of goods a country produces in a year E. Ratio of output produced to the amount of input
134. Economic growth refers to an A. Increase in per capita nominal GDP B. Expansionary period of the business cycle C. Increase in nominal GDP D. Increase in the standard of living E. Increase in real GDP
135. According to the Ricardian model, differences in labor productivity are due to A. Inefficient and unproductive trade union rules B. Technological differences among countries C. Relative shortages of natural resources, such as oil D. Shortages of capital stock, which is reflected in a low capital to labor ratio E. Discrimination in the hiring and training of labor
143. If industrialized countries impose environmental constraints, manufacturers may seek opportunities in poor countries that do not have or do not enforce environmental constraints. This practice is known as the A. Cost profit equation B. Production sharing system C. Race to the bottom D. Shark attack E. Speculative spread
145. Critics argue that free trade agreements A. Are unfair to international businesses B. Put people out of jobs C. Offer goods too freely D. Transfer power from international organizations to local groups E. Are too fair 129. Unexpected inflation can affect the unemployment rate in all of the following ways EXCEPT: A. Wage contracts B. Wage expectations C. Federal funds rate changes D. Inventory fluctuations E. None-all of these affect the unemployment rate
132. Productivity is the A. Ratio of the amount of an input to the quantity of output produced B. Value of the goods a country produces in a year C. Ratio of capital to labor D. Amount of goods a country produces in a year E. Ratio of output produced to the amount of input
134. Economic growth refers to an A. Increase in per capita nominal GDP B. Expansionary period of the business cycle C. Increase in nominal GDP D. Increase in the standard of living E. Increase in real GDP
135. According to the Ricardian model, differences in labor productivity are due to A. Inefficient and unproductive trade union rules B. Technological differences among countries C. Relative shortages of natural resources, such as oil D. Shortages of capital stock, which is reflected in a low capital to labor ratio E. Discrimination in the hiring and training of labor
143. If industrialized countries impose environmental constraints, manufacturers may seek opportunities in poor countries that do not have or do not enforce environmental constraints. This practice is known as the A. Cost profit equation B. Production sharing system C. Race to the bottom D. Shark attack E. Speculative spread
145. Critics argue that free trade agreements A. Are unfair to international businesses B. Put people out of jobs C. Offer goods too freely D. Transfer power from international organizations to local groups E. Are too fair 129. Unexpected inflation can affect the unemployment rate in all of the following ways EXCEPT: A. Wage contracts B. Wage expectations C. Federal funds rate changes D. Inventory fluctuations E. None-all of these affect the unemployment rate
132. Productivity is the A. Ratio of the amount of an input to the quantity of output produced B. Value of the goods a country produces in a year C. Ratio of capital to labor D. Amount of goods a country produces in a year E. Ratio of output produced to the amount of input
134. Economic growth refers to an A. Increase in per capita nominal GDP B. Expansionary period of the business cycle C. Increase in nominal GDP D. Increase in the standard of living E. Increase in real GDP
135. According to the Ricardian model, differences in labor productivity are due to A. Inefficient and unproductive trade union rules B. Technological differences among countries C. Relative shortages of natural resources, such as oil D. Shortages of capital stock, which is reflected in a low capital to labor ratio E. Discrimination in the hiring and training of labor
143. If industrialized countries impose environmental constraints, manufacturers may seek opportunities in poor countries that do not have or do not enforce environmental constraints. This practice is known as the A. Cost profit equation B. Production sharing system C. Race to the bottom D. Shark attack E. Speculative spread
145. Critics argue that free trade agreements A. Are unfair to international businesses B. Put people out of jobs C. Offer goods too freely D. Transfer power from international organizations to local groups E. Are too fair
Explanation / Answer
129. C. Federal funds rate changes
132. E. Ratio of output produced to the amount of input
134. A. Increase in per capita nominal GDP
135. B. Technological differences among countries
143. B. Production sharing system
145. A. Are unfair to international businesses
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