Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Figure 32.2Refer to Figure 32.2. According to ________, a(n) ________ fiscal policy in the long run and after all the adjustments have been made increases price level above P1, but does not change equilibrium output.

The number of people officially unemployed is not the same as the number of people who can't find a job because:

a. people who have jobs continue to look for better ones. b. the armed forces is included. c. discouraged workers are not counted. d. none of these.

Which of the following measures can give some indication of the quality of life in an economy?

A. Child mortality B. Literacy rates C. Life expectancy D. All of these help to assess quality of life.