fsgmacroeconmics
Layout References Mailings Review View Help Tell me what you want to do ( Body CV 14 V AA An . 40 AaBbCCDc AaBbCCD . A . 1 Normal 1 No Spac... Heading Font Paragraph Macroeconomics (5) Dr. Ahmed Ezzat Ms. Hoda El-Mehi MCQ: Component Number of people (millions) Under 16 50 Working full-time 90 Working part-time 30 Retired 40 Unemployed 5 1) Using the data in the above table, the unemployment rate is A) 28.0 percent. B) 4.0 percent. C) 5.55 percent. D) 4. 16 percent. 2) Using the data in the above table, the labor force is million. A) 125 B) 120 C) 165 D) 215 3) Using the data in the above table, the labor force participation rate is A) 75.7 percent. B) 96.0 percent. C) 58.1 percent. D) 66 percent. 4) During a recession, the A) Number of marginally attached workers increases B) employment-to-population ratio increases C) number of discouraged workers decreases D) Unemployment rate decreases 5) Bob inherits a large sum of money from his dead uncle's estate. Bob decides to retire young, so he quits his job and heads to the Bahamas. Bob is an example of A) Frictional unemployment. B) Cyclical unemployment. C) Structural unemployment. D) None of the above is correct.Font Paragraph 6) Suppose the CPI last year is 121 and the CPI this year is 137. The correct method to calculate the inflation rate is A) 137 x 121 = 258. B) (137/121) x 100 = 113.2. C) [(137 - 121)/121] x 100 = 13.2. D) (137 - 121)/100 = 0.16. 7) Suppose the price level this year is 150 and the price level last year was 125. The inflation rate between last year and this year was A) 16.6 percent. B) 20 percent. C) 1.6 percent. D) 2 percent Year Price level 2008 91 2009 100 2010 110 2011 121 8) In the above table, the inflation rate between 2009 and 2010 is approximately A) 9 percent. B) 110 percent. C) 100 percent. D) 10 percent. 2012 2013 Item Quantity Price Quantity Price Books 10 $30 8 $50 Pens 20 $1 15 $2 9) In 2012. consumers in Dexter consumed only books and pens. The prices and quantities for 2012 and 2013 are listed in the table above. The reference base period for Dexter's CPI is 2012. What is the CPI in 2013? A) 169 B) 129 C) 102 D) 59 English (United States)ing 2 Title Subtitle Subtle Em.. Emphasis Intense E.. Strong Quote Intense Q.. Subtle Ref... Inte Styles MCQ: 1) An increase in the price level is defined as A) an expansion. B) a recession. C) inflation. D) a growth boom. 2) The cost of inflation to society includes A) higher interest rates paid by the government on its debt. B) unpredictable changes in the value of money. C) higher interest rates paid by borrowers. D) the lost spending when people do not have enough money. 3) Hyperinflation is defined as A) very high inflation rates. B) very low inflation rates. C) declining inflation rates. D) rising but low inflation rates. 2012 2013 Item Quantity Price Price Movie tickets 4 $5.00 $7.50 Bags of popcorn IN $3.00 $3.00 Drinks of soda 4 $1.00 $1.50 4) The information in the table above gives the 2012 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2013 prices. What is the value of the CPI for the reference base period, 2012? A) 140 B) 100 C) 75 D) 133 5) The information in the table above gives the 2012 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2013 prices. What is the value of the CPI for 2013? A) 75 B) 100 C) 133 D) 140 6) Using the notation Pt to designate this period's price level and Pt-1 to designate last period's price level, the formula for measuring the inflation rate from last period to this period is A) [(Pt - 1 - Pt) / Pt - 1] x 100. B) [(Pt - Pt - 1) / Pt - 1] x 100. C) [(Pt - Pt - 1) / Pul x 100. D) [ ( P t - 1 - PI ) / P(] x 100.16) The broadest-based price index available is the A) GDP deflator. B) producer price index. C) consumer price index. D) wholesale price index. 17) When unanticipated inflation occurs regularly, the degree of risk associated with investments in the economy A) increases. B) decreases. C) remains stable. D) falls to zero. 18) A price index is A) a measurement showing how the average price of a bundle of goods changes over time. B) a measurement showing the cost of a bundle of goods at a point in time. C) a sustained increase in the overall price level. D) a decrease in the overall price level. 19) In which of the following conditions is the inflation rate likely to fall and the unemployment rate likely to rise? A) hyperinflation B) recession C) boom D) stagflation 20) If the CPI in 2007 was 114.7 and the CPI in 2008 was 124.5, then the rate of inflation between 2007 and 2008 was A) 9.8% B) 8.5%. C) 7.9%. D) 14.7% English (United States) d Windows O e oibility Model - Ward Sign in el Aab AaBbCCC AdBbCCDI AaBbCCD. AaBbCCD: AaBbCcD
