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1.People holding a lot of cash are injured due to unexpectedly high inflation. TrueFalse 2.There is no downside to using a basket of goods and

1.People holding a lot of cash are injured due to unexpectedly high inflation.

TrueFalse

2.There is no downside to using a basket of goods and services to calculate inflation.

TrueFalse

3.Structural unemployment increases during a recession.

TrueFalse

4.Human Capital Deepening is less important than Physical Capital Deepening.

TrueFalse

5.If there are 100 unemployed people, 900 employed people, and 400 people out of the labor force, the unemployment rate is 10%.

TrueFalse

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