11.The price index for the base year always equals A.The lowest possible value. B. O C. 100 D. Depends on specific prices. 12.Why is 2% a better inflation target than 0%? A.It prevents deflation. B.It encourages spending that can reduce unemployment. C.It reduces the real value of debt burdens. D. All of the above. 13 Which of the following people would NOT count as unemployed? A.A person working a part time job. B.Someone who quits her job in order to attend graduate school full time. C.A worker who suffers an injury and can no longer work. D. None of these people would be considered unemployed. 14. Frictional unemployment occurs when A. Workers have outdated or mismatched skills. I B. The economy is in recession. C. Workers are between jobs while looking for more desirable jobs. D.All of the above. 15.What will happen if the economy falls below the natural rate of unemployment? A. The economy will grow faster in the long run. B.Prices will rapidly rise. C. The unemployment rate can never fall below the natural rate. 16.The most destructive type of unemployment for the economy is: A.Frictional B.Structural C.Cyclical D.All are equally bad