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answer true, false or uncertain..... (1). When the unemployment rate is high, the participation rate is also likely to be high. Answer: (2). The rate

answer true, false or uncertain.....

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(1). When the unemployment rate is high, the participation rate is also likely to be high. Answer: (2). The rate of unemployment tends to fall during expansions and rise during recessions. Answer: (3). The rate of inflation computed using the CPI is a better index of inflation than the rate of inflation computed using the GDP deflator. Answer: (4). When the economy is functioning normally, the unemployment rate is zero. Answer: (5) Fiscal policy describes the choice of government spending and taxes and is treated as exogenous in our goods market model

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