D Question 39 2.5 pts The aggregate demand curve shifts to the right when : 0 taxes are cut. 0 animal spirits decrease. 0 government
D Question 39 2.5 pts The aggregate demand curve shifts to the right when : 0 taxes are cut. 0 animal spirits decrease. 0 government spending is reduced. 0 the money supply is reduced. Question 35 2.5 pts Juan lost his job as a nuclear physicist working for a defense contractor. He can not find a job because no firms in the defense industry or any other industry are hiring people with his skills. Juan is unemployed. O naturally O frictionally O structurally O cyclicallyD Question 37 2.5 pts Someone who is available for work but has not actively looked for work in the previous four weeks would be Classied as: 0 not in the labor force 0 not in the workingage population. 0 employed. 0 unemployed. Question 40 2.5 pts Real GDP is the value of all----- goods and services produced in a given year in ------- prices. O intermediate; that year's O final; that years O intermediate; base-year O final; base-yearD Question 33 2.5 pts If a person did at least one hour of work as a paid employee during the survey week, how is she classied? 0 none of these answers. Q as not in the labor force 0 as an employed person 0 as an unemployed person D Question 38 2.5 pts A decrease in business taxes, by the expected protability of investment projects, shifts the AD curve to the 0 raising; right 0 lowering; right 0 raising; left 0 lowering; left Question 34 2.5 pts The official unemployment rate understates (downplays) the unemployment level in the economy because the official unemployment rate: O ignores discouraged workers. O ignores the duration of unemployment. O includes jobs created by the underground economy.. O excludes all unemployed teenagers.D Question 36 2.5 pts A person is unemployed if he 0 is 15 years old and seeking his rstjob. O is a member of the civilian labor force, out of work, and actively seeking work. 0 not have a job. 0 is out of work, available for work, but not actively seeking work. D Question 32 2.5 pts A movement up a given aggregate demand curve is the result of: O optimistic future expectations. 0 increased taxes. 0 a rising money supply. 0 a rising price level. Question 31 2.5 pts Which set of changes is definitely predicted to lower Real GDP in the short-run? O interest rates rise and labor productivity increases. O interest rates rise and the wage rates fall. O Interest rate rise and individuals expect lower (future) incomes. O interest rates rise and there is a beneficial supply shock
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance