Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

1) The unemployment rate: 2) If the unemployment rate is reported to be4.2%. Who

ID: 1235915 • Letter: 1

Question

1) The unemployment rate:

2) If the unemployment rate is reported to be4.2%. Whom of the following would be counted as unemployed in thisstatistic:

3) What category of unemployment will increasethe most within the first year of the recession:

4) In 1996, the government changed welfare lawsto give welfare recipients a maximum of two years of welfarebenefits, but also, education and training to improve individualskills. This policy helped to reduce what type of unemployment:

5) The consumer price index (CPI) measuresinflation by:

6) GDP and aggregate demand equals:

7) Demand-pull inflation is consistentwith:

8) In the new measure of the wealth of nations,the World Bank:

9) The Stolpher-Samuelson Theorem can be usedto describe:

10) To promote what is know as "genuinesavings", the World Bank emphasizes:

11) Rent-seeking behavior:

12) Countries that lack large amounts ofnatural resources may have greater long-run economic growth thancountries with an abundance of natural resources for all of thefollowing reasons except:

14) If the economy goes into a recession, wecan expect:

15) If the economy goes into a recession, wecan expect:

Explanation / Answer

1) The unemployment rate:

2) If the unemployment rate is reported to be4.2%. Whom of the following would be counted as unemployed in thisstatistic:

3) What category of unemployment will increasethe most within the first year of the recession:

4) In 1996, the government changed welfare lawsto give welfare recipients a maximum of two years of welfarebenefits, but also, education and training to improve individualskills. This policy helped to reduce what type of unemployment:

5) The consumer price index (CPI) measuresinflation by:

6) GDP and aggregate demand equals:

7) Demand-pull inflation is consistentwith:

8) In the new measure of the wealth of nations,the World Bank:

9) The Stolpher-Samuelson Theorem can be usedto describe:

10) To promote what is know as "genuinesavings", the World Bank emphasizes:

11) Rent-seeking behavior:

12) Countries that lack large amounts ofnatural resources may have greater long-run economic growth thancountries with an abundance of natural resources for all of thefollowing reasons except:

14) If the economy goes into a recession, wecan expect:

15) If the economy goes into a recession, wecan expect: