ECO 100 Week 7 Knowledge Check 7
ECO 100 Week 7 Knowledge Check 7
•Question 1
If a nation's labor force receives a significant influx of young workers:
•Question 2
A college student who is enrolled in school full time and not seeking employment is considered:
•Question 3
The most significant real economic cost of high unemployment is:
•Question 4
The type of unemployment that occurs because of a recession is called:
•Question 5
The U.S. unemployment rate moves up and down as the economy moves in and out of recessions. But over time, the unemployment rate seems to return to a range of ____________.
•Question 6
While one occasionally sees references to inflation over short time periods, the term typically implies a(n) _____________ in prices.
•Question 7
The effects of inflation are seen in:
•Question 8
The Producer Price Index is based on prices paid for supplies and inputs by:
•Question 9
The situation where the buying power of money in terms of goods and services increases is called:
•Question 10
What name is given to the index based on the prices of exported or imported merchandise?
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Answers
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Posted 24 Sep 2019 05:09 AM
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file 1569303213-ECO 100 Week 7 Knowledge Check 7.docx preview (407 words )
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