If the natural rate of unemployment is 4.5 percent and the actual unemployment rate is 6.5 percent, then Okun's law indicates that the GDP gap is:

Which of the following is not an example of a flow variable?

a. The amount of income that a person earns each month b. The amount of interest that a savings account earns each week c. The amount of money in a savings account d. The amount of taxes that a person pays each year e. All of these are flow variables

The fee that insurance companies collect in exchange for covering unpredictable costs is called a:

A. prepaid event charge. B. preventative payment. C. premium. D. ultimatum.