The unemployment rate will decrease whenever there is
a. an increase in the number of persons classified as unemployed.
b. a decrease in the number of unemployed relative to the size of the labor force.
c. a decrease in the size of the population and there is no change in the number of persons classified as employed.
d. a reduction in the size of the labor force.
e. a decrease in the number of unemployed and the population does not change.
B
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Refer to the scenario above. What will be the capital stock in the economy in the current year, if the capital stock in the last year was $1,000?
A) $1,400 B) $1,200 C) $1,600 D) $1,800
Why will there be less crowding out of private spending by government spending the less sensitive consumption, investment, and net exports are to changes in interest rates?
What will be an ideal response?