QUESTION 46 If the overall unemployment rate is percent, it is likely that O alt is greater than 8 percent for teenagers Obs. It is less than percent for college educated middle aged men. O. It is more than percent for those without a high school diploma Od. All of the above are true QUESTION 47 Discouraged workers are defined as those O a who have given up looking for a job and are not counted as unemployed Ob.whose productivity is low because working in dead-end jobs reduces their morale Oc who are counted as frictionally unemployed, having become dissatisfied with their previous jobs Od who are counted as structurally unemployed, lacking training for the skilled positions for which they are applying QUESTION 48 Which of the following would not cause a change in the demand for cheese? O a. an increase in the price of crackers, which are consumed with cheese Ob an increase in the population of cheese lovers O can increase in the price of cheese d. an increase in the income of cheese consumers
QUESTION 49 Which of the following is not true when there is an inflationary gap? O a Real output exceeds the natural level of real output Ob Employment exceeds full employment Unemployment exceeds the natural rate of unemployment Od. All of the above are not true when there is an inflationary gap QUESTION 50 Fixed investment includes all of the following except: O a all purchases by businesses that add to their inventories Ob all spending on goods that increase future production capabilities: call spending on capital goods, d. all spending on producer goods.
QUESTION 46 If the overall unemployment rate is percent, it is likely that O alt is greater than 8 percent for teenagers
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