The unemployment rate:
a. Always rises when the employment rate rises.
b. Has more reliable components (in terms of measurability) than the employment rate.
c. Is considered to be a poorer measure of business cycle activity than the employment rate.
d. Tends to be more stable than the employment rate.
e. None of the above.
.C
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Empirical evidence seems to suggest that in industrialized economies, government ownership has:
a. grown more rapidly than the economy has risen over time. b. has disappeared in favor of state capitalism c. has either stayed the same or fallen. d. we cannot answer because we cannot measure it e. all of the above
A bank has a 5 percent reserve requirement, $5,000 in deposits, and has loaned out all it can given the reserve requirement
a. It has $25 in reserves and $4,975 in loans. b. It has $250 in reserves and $4,750 in loans. c. It has $1,000 in reserves and $4,000 in loans. d. None of the above is correct.