Figure 26-3. The figure shows t mand for-konable-funds curves and t * D₁ pply-of-loa 8. Refer to Figure 26-3. Which of the following movements shows the effects of the government going from a budget surplus to a budget deficit? a. a movement from Point A to Point B b. a movement from Point B to Point A c. a movement from Point A to Point F d. a movement from Point B to Point C
Figure 26-3. The figure shows t mand for-konable-funds curves and t * D₁ pply-of-loa 8. Refer to Figure 26-3. Which of the following movements shows the effects of the government going from a budget surplus to a budget deficit? a. a movement from Point A to Point B b. a movement from Point B to Point A c. a movement from Point A to Point F d. a movement from Point B to Point C
Chapter1: Making Economics Decisions
Section: Chapter Questions
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
Transcribed Image Text:Figure 26-3. The figure shows twe
*
demand-for-lommable-funds curves and two supply-of-loanable-funds curves.
D₁
8. Refer to Figure 26-3. Which of the following movements shows the effects of the government going from a budget
surplus to a budget deficit?
a. a movement from Point A to Point B
b. a movement from Point B to Point A
c. a movement from Point A to Point F
d. a movement from Point B to Point C
b. cyclical unemployment.
c. frictional unemployment.
d. structural unemployment.
9. The deviation of unemployment from its natural rate is called
a. the economic rate of unemployment.
10. Who among the following would be counted as "unemployed"?
a. Shasta, who is waiting to be recalled to a job from which she has been laid off.
gure 28.4
b. Karen, who neither has a job nor is looking for one.
c. Mary, who worked only 35 hours last week.
d. None of the above is correct.
1. Policies that reduce the time it takes unemployed workers to find new jobs
a. can reduce both frictional unemployment and the natural rate of unemployment.
b. can reduce frictional unemployment, but they cannot reduce the natural rate of unemployment.
c. cannot reduce frictional unemployment, but they can reduce the natural rate of unemployment.
d. cannot reduce either frictional unemployment or the natural rate of unemployment.
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