Which of the following is most likely to generate a surplus?

Which of the following applies to the "value of money"?

i. It is the inverse of the price level. ii. The value of money falls during economic expansions. iii. It is the quantity of goods and services that a unit of money will buy. A) iii only B) i and ii C) i, ii and iii D) ii and iii E) i and iii

John has been laid off from his job because of a general downturn in the economy. John's unemployment is best classified as

A) structural. B) cyclical. C) frictional. D) full. E) avoidable.