People who are not currently employed, but say they want a job, are counted as unemployed only if they
A) are actively seeking employment.
B) are between 16 and 65 years of age.
C) are willing to accept a reasonable offer.
D) have no other source of income.
E) have previously held a job.
A
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Suppose the government has a $440 billion budget deficit. If the government borrows $330 billion to finance this deficit and finances the rest by printing money, the amount of new money created will be
A) $90 billion. B) $110 billion. C) $440 billion. D) $770 billion.
A supermarket manager discovers that his generic brand beans are disappearing off of his shelves faster than he can restock them and the premium brand beans are staying on the shelf going unsold
What can we probably say about the current prices of each of these products in relation to the market-clearing price?