People who are not currently employed but say they want a job are counted as unemployed only if they:
a. have previously held a job
b. are actively seeking employment.
c. are discouraged workers.
d. are between 16 and 65 years of age.
e. are willing to accept any offer of employment.
b
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The information lag facing the Fed is
A) the difficulty of becoming informed quickly of changes in public opinion about which policy goal is most important. B) the delay in receiving accurate information about the state of the economy. C) the delay in Congress and the President communicating their policy goals for the Fed to act on. D) the time required for monetary policy changes to affect output, employment, and prices.
What is the primary prediction of the median voter model? List the two key assumptions of the median voter model regarding the preferences of voters
What will be an ideal response?