What makes the macroeconomic performance of the 1993 to 1998 period so unusual is the
a. simultaneous occurrence of unemployment and inflation increases.
b. simultaneous occurrence of real GDP decreases and inflation rate increases.
c. occurrence of real GDP decreases while the unemployment rate increases.
d. simultaneous occurrence of reduced unemployment rates and falling inflation rates.
d
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Workers displaced because of trade:
a. have had larger losses in manufacturing compared with services. b. have had larger losses among older workers than younger workers. c. are likely to find replacement jobs within 3 years. d. have experienced all of these answer choices.
Suppose the bank has a 10% reserve requirement, $5000 in deposits, and has loaned out all it can, given the reserve requirement
A. It has $500 in reserves and $4500 in loans B. It has $50 in reserves and $4950 in loans C. It has $555 in reserves and $4445 in loans