According to the quantity theory of money, in the long run an increase in the quantity of money creates an increase in the price level but does not increase real GDP

If the cross-price elasticity of demand for goods A and B is zero, this means the two goods are unrelated

Indicate whether the statement is true or false

The labor force in country XYZ is 10,000,000 and the number of employed is 7,000,000. Calculate the number of unemployed and the unemployment rate

What will be an ideal response?