Please help me with alb,c,d, and last word questions! thank you!

6 Safari File Edit View History Bookmarks Window Help 0 \"a? 4)) 28%| ' Sun5102PM Q G 55 C . G) prod.reader-ui.prod.mheducation.com C Content Dashboard Class Professor Marotti Economics in Connect M Discussion Questions + Aa are unemployed rise during a recession? LO29.2 5. Why is it difficult to distinguish among frictional, structural, and cyclical unemployment? Why is unemployment an economic problem? () ) What are the consequences of a negative GDP gap? What are the noneconomic effects of unemployment? LO29.2 6. Even though the United States has an unemployment compensation program that provides income for those out of work, why should we worry about unemployment? LO29.2 7. What is the Consumer Price Index (CPI), and how is it determined each month? How does the Bureau of Labor Statistics calculate the inflation rate from one year to the next? How does inflation affect the purchasing power of a dollar? How does it explain differences between nominal and real interest rates? How does deflation differ from inflation? LO29.3 8. Distinguish between demand-pull inflation and cost-push inflation. Which of the two types is more likely to be associated with a negative GDP gap? Which is more likely to be associated with a positive GDP gap, in which actual GDP exceeds potential GDP? What is core inflation? Why is it calculated? LO29.3 9. Explain how an increase in your nominal income and a decrease in your real income might occur simultaneously. Who loses from inflation? Who gains? LO29.4 10. Explain how hyperinflation might lead to a severe decline in total output. LO29.5 11. LAST WORD Can frictional unemployment by itself explain the fact that the late 2010s saw more job openings than unemployed workers? Why are there plenty of skilled workers among older job seekers but very few in their twenties, thirties, and forties? What happens to the speed at which positions are filled if employers ask for unnecessary qualifications? "tv 8