Macroeconomic Exam

Macro Final Exam Student: ____________________________  H. Ross Pearlmutter is a jimhickey salesperson. He could probably sell anything to anyone. The company he whole works for goes tabu(a) of strain. Until he finds a new position, Mr. Pearlmutter is _____ unemployed.  A. frictionally B. structurally C. cyclically D. psychologically   next-to-last Ozark dresses for job interviews in bib overalls, a red lumberman shirt, and torn basketball game sneakers. He has been looking for a job as an investment banker ever since he dropped out of high school. He is nowadays 46 years centenarian and has never held a job. Mr. Ozark is _____ unemployed.  A. frictionally B. structurally C. cyclically D. psychologically    In global _____ by unexpected inflation.  A. creditors and debtors be both(prenominal) helped B. creditors and debtors argon both disadvantage C. creditors are helped and debtors are hurt D. creditors are hurt and debtors are h elped    Demand-pull inflation is often summed up as  A.  in addition legion(predicate) dollars chasing too few goods. B. the wage-price spiral. C. profit-push inflation. D. supply-side cost shock inflation.   The real ballad out of interest  A. is always negative. B.  sewer be negative. C. can never be negative. D. is always zero.    Inflation generally occurs  A. in wartime. B.  originally wars. C. during turning points. D. in peacetime.

   Traditionally those hurt by inflation buzz off been  A. creditors and people on furbish up incomes. B. debtors and people on fixed incomes. C. debtors and creditors.         organize Y is in the _____ phase of the business cycle. ! A. prosperity B. recovery C. depression D. recession E. acceleration    Point X is in the _____ phase of the business cycle.  A. prosperity B. recovery C. recession D. depression E. acceleration    During unanticipated inflation,  A. savers lose. B. borrowers gain. C. lenders lose. D.  question about the future rises. E. All of the above.   Net internal carrefour is usually preferred to GDP by economists...If you fate to labor a full essay, order it on our website: OrderEssay.net

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