Economics 1. An economy-wide unplanned(unexpected) inventory build-up may signal ____. a. a lower unemployment rate b. an increasing inflation rate c. an approaching recession d. higher government spending

Economics 1. An economy-wide unplanned(unexpected) inventory build-up may signal ____. a. a lower unemployment rate b. an increasing inflation rate c. an approaching recession d. higher government spending

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 6SCQ: The Consumer Price Index is subject to the substitution bias and me quality/new goods bias. Are the...

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Economics

1. An economy-wide unplanned(unexpected) inventory build-up may signal ____.

a. a lower unemployment rate

b. an increasing inflation rate

c. an approaching recession

d. higher government spending

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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