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Table 6.3 Civilian Civilian Total Total Noninstitutional Labor Employed Population Population Force Persons Year (millions) (millions) (millions) (millions) 2016 268.20 220.00 150.24 145.00 2017 270.42
Table 6.3 Civilian Civilian Total Total Noninstitutional Labor Employed Population Population Force Persons Year (millions) (millions) (millions) (millions) 2016 268.20 220.00 150.24 145.00 2017 270.42 221.00 152.00 147.00 2018 274.36 225.00 154.00 147.20 2019 274.38 225.50 156.30 148.64 2020 273.66 270.00 155.10 147.04 8) Refer to Table 6.3. For 2019, the unemployment rate is about percent. A. 4.90 B) 4.80 C) 5.00 D) 4.85 9) You bought a car years ago when the CPI was 150 for $15,000. To buy the same car (holding other variables constant), you would pay about when the CPI was 222. A) $23,200 B) $21,200 C) $22,200 D) $24,200 10) If you were to use an Aggregate Supply Aggregate Demand diagram to model nondiscretionary and discretionary fiscal policy in reaction to a negative aggregate demand shock, you would see the aggregate demand curve move A. to the right as a result of the shock. B. to the left as a result of the shock. C. back toward its pre-shock position as a result of these policies. D. to the left, back toward its pre-shock position as a result of these policies
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