GRADED QUIZ UNIT 6.rtf - THE FEEDBACK IS THE TRUE ANSWER...

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THE FEEDBACK IS THE TRUE ANSWER. Home My courses ECON 1580 - AY2020-T3 5 March - 11 March Graded Quiz Unit 6 Started on Thursday, 12 March 2020, 4:56 AM State Finished Completed on Thursday, 12 March 2020, 5:38 AM Time taken 41 mins 31 secs Marks 14.00/21.00 Grade 66.67 out of 100.00 Question 1CorrectMark 1.00 out of 1.00Not flaggedFlag question Question text Which one of the following is an example of a frictionally unemployed individual? Select one: a. Martin, who lacks the skills necessary to be employed as a machinist. b. Lee, who lost his job as an art director because of a recession. c. Jan, who has a Ph.D. in economics, but is a bus driver. d. Helena, who has just graduated from college and is searching for a job as an architect. Correct Feedback The correct answer is: Helena, who has just graduated from college and is searching for a job as an architect.
Question 2CorrectMark 1.00 out of 1.00Not flaggedFlag question Question text If the CPI is 120 in 2005 and 150 in 2006, what is the rate of inflation over this period? Select one:
c. 25% Correct d. 30% Feedback The correct answer is: 25% Question 3CorrectMark 1.00 out of 1.00Not flaggedFlag question Question text Perfect competition is important to study because it: Select one:
Question 4CorrectMark 1.00 out of 1.00Not flaggedFlag question Question text What do economists mean by the term "sticky wage?" Select one:

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