6 The Natural Rate Of Unemployment Includes A Frictional And Cyclical Unemployment B Structural And Cyclical Unemp 1 (41.75 KiB) Viewed 37 times
6 The Natural Rate Of Unemployment Includes A Frictional And Cyclical Unemployment B Structural And Cyclical Unemp 2 (40.59 KiB) Viewed 37 times
6. The natural rate of unemployment includes (a) frictional and cyclical unemployment. (b) structural and cyclical unemployment. (c) structural and frictional unemployment. (d) actual minus frictional unemployment. 7. Monetary aggregates C, M1, M2 and M3 are broad categories that define the money supply in terms of (a) the degree of risk. (b) expected returns. (c) the degree of liquidity. (d) the money multiplier. 8. The FED has complete control over ... but cannot precisely control ....... (a) the money supply; the federal funds rate. (b) the money supply; the money multiplier. (c) the currency-deposit ratio; the money supply. (d) the monetary base; the money supply.
9. You hear that the Fed is raising the monetary base. If banks prefer to hold reserves in excess of the required level, (a) the money multiplier will decrease. (b) the money multiplier will increase. (c) the money supply will be more sensitive to the monetary base change. (d) the currency-deposit ratio will increase. 10. How does fiscal policy typically close an output gap during a recession? (a) Fiscal policy tries to shift the IS curve to the left reducing taxes. (b) Fiscal policy tries to shift the IS curve to the right by increasing taxes. (c) Fiscal policy tries to shift the IS curve to the left by increasing spending. (d) Fiscal policy tries to shift the IS curve to the right by increasing spending.
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