If the nominal interest rate is 2 percent and the real interest rate is 1 percent, inflation is:

Explain the differences between a federal budget deficit, a federal budget surplus, and a balanced federal budget

What will be an ideal response?

In September 2014, the labor force participation rate fell from 62.8 percent to 62.7 percent. This change could have been caused by

A) unemployed workers giving up looking for a job. B) full-time workers becoming part-time workers. C) unemployed workers getting full-time jobs. D) discouraged workers starting to look for jobs again.