Which of the following factors may lead to an underestimation of the significance of unemployment when evaluating the overall unemployment rate?
a. Involuntary full-time employment
b. An increase in the number of military personnel
c. Discouraged workers
d. An increase in the number of people under the age of 16
e. A decrease in the number of institutionalized people
C
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Other things equal, an appreciation of the Algerian dinar in relation to the euro will act to increase Algerian demand for European goods and to decrease European demand for Algerian goods
a. True b. False Indicate whether the statement is true or false
Other things equal, an increase in aggregate supply will cause:
a. a decrease in equilibrium real GDP and a decrease in the equilibrium price level. b. an economic contraction. c. an increase in equilibrium real GDP and an increase in the equilibrium price level. d. cost-push inflation. e. a reduction in unemployment and a decline in inflation.