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1.Hidden unemployment includes 1.Underemployed people 2.Part time workers 3.Unskilled workers 4.Unpaid work 2.The paradox of thrift says 1.If we all save, we all are richer

1.Hidden unemployment includes

1.Underemployed people

2.Part time workers

3.Unskilled workers

4.Unpaid work

2.The paradox of thrift says

1."If we all save, we all are richer"

2."If we all spend, we all are poorer"

3."If we all save, we all are poorer"

4."If deficits accumulate, we all are richer"

3.Discouraged workers

1.Are no longer looking for work

2.Are unemployed

3.Are underemployed

4.Are underpaid

4.The demand line is also the

1.The quantity sold line

2.The equlibrium price line

3.Marginal willingness to pay line

4.The supply line

5.Roughly how much did the GDP fall

in the middle of the pandemic?

1.50%

2.25%

3.10%

4.33%

6.The supply or demand line for an

inelastic good has a

1.Curve

2.Shallow slope

3.Steep slope

4.Asymptotic curve

7.The hockey stick of growth shows us

1.That incomes have increased dramatically in the past century

2.That wealth inequality has increased dramatically in the past century

3.That inflation has increased dramatically in the past century

4.That enviornmental damage has increased dramatically in the past century

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