Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 34 Not yet answered Marked out of 1.00 V Flag question Question 35 Not yet answered Marked out of 1.00 '7 Flag question Which

image text in transcribedimage text in transcribed
Question 34 Not yet answered Marked out of 1.00 \\V Flag question Question 35 Not yet answered Marked out of 1.00 \\'7 Flag question Which of the following is the largest portion of the market basket of goods that makes up the CPI? O a. Housing O b. clothing and footwear O c Education Q d. Health If a part-time worker becomes a full-time worker, the O a. official unemployment rate will fall O b. official unemployment rate will not change. O c. economy will move closer toward full employment. Q d. economy will move closer toward the natural rate of unemployment Question 31 Not yet answered Marked out of 1.00 \\V Flag question Question 32 Not yet answered Marked out of 1.00 \\'7 Flag question Question 33 Not yet answered Marked out of 1.00 \\V' Flag question The cash rate is the interest rate Q a. the Reserve Bank of Australia charges commercial banks. 0 b. banks charge their largest customers. 0 c. banks charge each other for overnight loans. 0 d. on a government bond or security. If you open a savings account at a bank, the bank will record the transaction by increasing its account and increasing its account. 0 a. deposit; equity 0 b. reserve; loan O c. reserve; deposit 0 d. loan; deposit Around 1500 people who were unemployed last month started new jobs this month. As a result of this increase in the number of employed workers, which of the following occurred (ceteris paribus)? O a. The labour force participation rate increased. 0 b. The unemployment rate increased. 0 c. The labour force participation rate decreased. 0 d. The unemployment rate decreased

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Money, Banking and Financial Markets

Authors: Frederic S. Mishkin

9th Edition

978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905

More Books

Students also viewed these Economics questions