Invetions - Study guides, Class notes & Summaries
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Principles of Macroeconomics Question & Answers
- Exam (elaborations) • 5 pages • 2024
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Principles of Macroeconomics Question & Answers 
Alex works in his own home as a homeworker and fulltime caretaker of his children. Oficially he 
is - ANSWER: Not in the labor force 
As disposable income increases, consumption - ANSWER: and saving both increase 
Assume the natural rate of unemployment in the us economy is 5 percet and the actual rate of 
unemployment is 9 percent. According to Okuns law, the negaitve GDP gap as a percent of 
potential GDP is - ANSWER: 8 percent 
Cyclical unemplo...
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Hum 100
- Essay • 2 pages • 2021
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