Economics 12E - Arnold - TB_181

Economics 12E - Arnold - TB_181 - 122 Refer to Exhibit 9-7...

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122. Refer to Exhibit 9-7. Which point is representative of the economy with an unemployment rate that is less than the natural unemployment rate? a. A b. B c. C d. E ANSWER: c POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Understanding and applying - DISC: Understanding and applying economic models KEYWORDS: Bloom's: Application 123. Refer to Exhibit 9-7. Which point is representative of the economy with an unemployment rate that is greater than the natural unemployment rate? POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Understanding and applying - DISC: Understanding and applying economic models KEYWORDS: Bloom's: Application 124. Refer to Exhibit 9-7. Which point is representative of the economy experiencing labor market surpluses?
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POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Understanding and applying - DISC: Understanding and applying economic models KEYWORDS: Bloom's: Application 125. Refer to Exhibit 9-7. Which point is representative of the economy experiencing labor market shortages? POINTS: 1 DIFFICULTY: Moderate NATIONAL STANDARDS: United States - BUSPROG: Analytic LOCAL STANDARDS: United States - OH - Default City - DISC: Understanding and applying - DISC: Understanding and applying economic models KEYWORDS: Bloom's: Application
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