The purpose of the Current Population Survey is to determine the
A) number of people in the population.
B) employment status of the population.
C) age structure of the population.
D) income level of the population.
E) prices consumers pay for the goods and services they buy.
B
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Refer to Figure 17-3. The shifts shown in the short-run and long-run Phillips curves between period 1 and period 2 could be explained by
A) an increase in the natural rate of unemployment from 5.5 to 6.8 percent. B) an increase in the expected inflation rate from 4.0 to 5.5 percent. C) either an increase in expected inflation from 4.0 to 5.5 percent or an increase in the natural rate of unemployment from 5.5 to 6.8 percent. D) None of the above is correct.
What do you expect would be the effects of 9/11 on the size of the Eurocurrency markets?
What will be an ideal response?