0.114 points Save Answer QUESTION 19 In 1976, the cost of a movie was $4. In 2012, it's $9. If the CPI for 1976 is 56, and 228 for 2012. How much is the cost of a 1976 movie in 2012? O $2.21. O $2.21. $16.29. $10.29.QUESTION 27 0.114 points Save Answer Cyclical unemployment: O is unemployment caused by workers who are changing their location, job, or career. is unemployment caused by short-term economic fluctuations reflected in GDP growth. is unemployment that results from a mismatch between the skills workers can offer and the skills that are in demand. is the effect of wages remaining persistently above the market-clearing level. QUESTION 28 0.114 points Save Answer Discouraged workers are people who have: not looked for work in over a year because of the condition of the labor market. not looked for work in the past year but would take a job if one was offered to them. O looked for work in the past year but have decided to leave the labor market to go back to school, retire, or be a stay-at-home parent. O looked for work in the past year but have given up looking because of the condition of the labor market.QUESTION 8 0.114 points Save Answer Refer to the data in the table, which provides hypothetical consumer price index (CPI) data for country Signifia. Calculate inflation rate for 2005 using the year-to-year formula described in the slide posted in blackboard. Table 1 Year CPI (1995=100) 2001 124 2004 145 2005 150 2010 172 O 3.3% O 3.4% O 3.5% O 3.7%QUESTION 22 0.114 points Save Answer Refer to the data in the table, which provides hypothetical consumer price index (CPI) data for country Signifia. Calculate average inflation rate between 2001 and 2010 using the overlapping years formula described in the slide posted in blackboard. Year CPI 2001 124 2004 145 2005 150 2010 172 O 3.3% O 3.4% O 3.5% 3.7% QUESTION 23 0.114 points Save Answer The real value of any variable is: O its nominal value adjusted for inflation. O its nominal value holding the base constant. its nominal value holding the quantity constant. O its nominal value holding the basket constant.QUESTION 40 0.114 points Save Answer The labor force participation rate: O is used as an indication of the health of the overall economy. tells us what fraction of the working-age population wants to be working, whether or not they actually have a job. O typically rises during times of recession, as more people need work. All of these are true.QUESTION 37 0.114 points Save Answer Structural unemployment: O is unemployment caused by workers who are changing their location, job, or career. O is the effect of wages remaining persistently above the market-clearing level. O typically causes the shortest stints of unemployment. is unemployment that results from a mismatch between the skills workers can offer and the skills that are in demand.0.114 points Save Answer QUESTION 24 Consider an economy made up of 500 people. Of which, 400 are employed, 20 are looking for jobs, 30 are full-time students, and 15 are retired, under-aged and other individuals. How much is the unemployment rate? 3.76% O 4.76% 5.76% 6.76%Table 2 provides market basket for three items for based year 2005. Table 2 also provides prices for base year (2005) and for 2010.(review slide '03. What is CPI and how to calculate CPI' slide no 13-17) The cost of the market basket in base year (2005) is equal to: Table 2 Items in CPI basket 2005 (Base period) 2012 Candy Price Quantity Price Chocolate Bars $1.50 12 $2.00 Concert Tickets $45 4 $55 Tylenol $5 20 $6 O $100. O $198 $298 O $364 QUESTION 13 0.114 points Save Answer Refer to the data in the table 2. The cost of the market basket in 2012 is equal to: O $100. O $198 O $298 O $364 QUESTION 14 0.114 points Save Answer Based on CPI from table 2, how much is the CPI in 2005? 01 O 100 122.15 102.15