Which one of the following people would be counted as unemployed in Canada?
A) Sharon recently began looking for work after staying at home for 10 years to look after her children.
B) Maurice is on a 2 month vacation out of the country but is still looking for a job using the internet.
C) Kanhaya has stopped looking for work since he was unable to find a suitable job during a two -month
search.
D) Doris works only 5 hours a week but is looking for a full -time job.
E) Taylor is a homemaker.
A) Sharon recently began looking for work after staying at home for 10 years to look after her children.
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In the short run, which of the following is the most likely effect of an unanticipated move to expansionary monetary policy?
a. an increase in real output b. a decrease in real output c. an improvement in technology, which will stimulate growth in the long run d. an increase in prices proportional to the increase in the money supply
All other things equal, the real surplus:
A. is not affected by inflation. B. rises as inflation increases. C. falls as inflation increases. D. may rise or fall as inflation increases depending on the level of debt.