MACRO GRADED QUIZ 6 - Question 1(1 point Match the following terms with the appropriate definitions Choose the correct response Terms 1 hyperinflation 2

MACRO GRADED QUIZ 6 - Question 1(1 point Match the...

This preview shows page 1 - 3 out of 6 pages.

Question 1 (1 point)Match the following terms with the appropriate definitions. Choose the correct response. Terms Definitions 1) hyperinflation i. reduction in the rate of inflation 2) inflation ii. decline in the overall prices throughout the economy 3) deflation iii. extremely high rate of price increases (over 100% per year) 4) disinflation iv. rise in prices throughout the economy Question 1 options: a) 1: iii; 2: iv; 3: ii; 4: i b) 1: ii; 2: iv; 3: iii; 4: i c) 1: i; 2: iv; 3: iii; 4: i d) 1: iii; 2: i; 3: ii; 4: iv Save Question 2 (1 point)As a result of ______ unemployment, workers' jobs may become obsolete, and they will need additional training to find new jobs. Question 2 options:a) structuralb) frictionalc) fuld) cyclical l Save Question 3 (1 point)
An economic policymaker discovers that structural unemployment has been rising relative to the other types of unemployment. She should recommend:

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture