Please select the correct answer, there is only one possible answer to each question If the economy producing at below full employment, the the output gap called Answer 1when the economy producing in close economy then there will be no Answer 2 The total number of workers, which is the sum of the unemployed and the employed Answer 3 Workers who stop looking for work due to an unsuccessful Search Answer 4The sum of frictional and structural unemployment called Answer 5If the economy producing at above full employment, the the output gap called Answer 6An institution designed to regulate the banking system and money supplyAnswer 7Trading goods and services directly for goods and services Answer 8The interest rate that Central bank charges on loans to commercial banks called Answer 9 The minimum legal percent of deposits that banks must hold as reserves Answer 10the chooses is :Recessionary gap discount rate central bank inflationary gap next export barter economy discouraged workers natural rate of unemployment required reserve ratio labor force

When the economy is not producing at the potential level, then recessionary gap or inflationary gap…

Answered: Please select the correct answer, there…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please select the correct answer, there is only one possible answer to each question

If the economy producing at below full employment, the the output gap called	Answer 1
when the economy producing in close economy then there will be no	Answer 2
The total number of workers, which is the sum of the unemployed and the employed	Answer 3
Workers who stop looking for work due to an unsuccessful Search	Answer 4
The sum of frictional and structural unemployment called	Answer 5
If the economy producing at above full employment, the the output gap called	Answer 6
An institution designed to regulate the banking system and money supply	Answer 7
Trading goods and services directly for goods and services	Answer 8
The interest rate that Central bank charges on loans to commercial banks called	Answer 9
The minimum legal percent of deposits that banks must hold as reserves	Answer 10

the chooses is :

Recessionary gap

discount rate

central bank

inflationary gap

next export

barter economy

discouraged workers

natural rate of unemployment

required reserve ratio

labor force

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