Jane is currently developing a model to explain the national unemployment rate. This is an example of
A) a microeconomic topic.
B) normative analysis.
C) positive analysis.
D) how people act in an irrational manner.
C
Economics
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George loses his job. The BLS will consider him unemployed
A) immediately. B) only after his severance pay runs out. C) only after he begins to actively seek another job. D) even if he accepts a cheaper part-time job.
Economics
Which of the following decreases aggregate demand?
A) The government increases taxes on both business and personal income. B) Foreign incomes rise. C) The quantity of money in the economy increases. D) Households believe that the economy is headed for good times, with higher future incomes.
Economics