Name two types of jobs most likely affected by "seasonal unemployment."
What will be an ideal response?
farming, construction work
Economics
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Using the equation of exchange, if the nominal GDP is $8,000 billion and the money supply is $1,600 billion, then
A) the price level is 5.0. B) the price level is 0.2. C) velocity is 5.0. D) velocity is 0.2.
Economics
When the spending of consumers, businesses, government, and foreigners (net exports) is less than the aggregate output level of the economy, the Keynesian model result is that:
a. output will rise. b. output will fall. c. prices will rise. d. inventories will tend to decline.
Economics