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Table 6.12 Refer to Table 6. If 1998 is the base year, the inflation rate between 1998 and 1999 is ________ %, and the inflation rate between 1998...
Table 6.12
Refer to Table 6.12. If 1998 is the base year, the inflation rate between 1998 and 1999 is ________ %, and the inflation rate between 1998 and 2000 is ________ %.
18.3; 20
20.5; 10.5
12.7; 5.9
24.1; 8.4
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If the U.S. economy experienced a large deflation, what would most likely happen to U.S. banks?
U.S. bank profits would decline as more borrowers default.
U.S. banks would experience large profits.
U.S. banks would not be affected by the deflation.
U.S. banks will find themselves making more loans.
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QUESTION 26
A worker who currently is not working, but is not looking for a job is considered as:
employed.
unemployed.
not in the labor force.
in the labor force.
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QUESTION 7
The unemployment rate is defined as the ratio of the:
labor force to the total population 16 years old or older.
number of people unemployed to total population.
number of people unemployed to the total population 16 years old or older.
None of these
