Question 1 (Worth 1 points)If nominal GDP equals $125 billion and the CPI is 125, then real GDP equals$1,000 billion.$156.25 billion.$100 billion.$15.62 billion.$10 billion.Points earned on this question: 1Question 2 (Worth 1 points)A college graduate who is searching for his first job illustrates the concept ofcyclical unemployment.frictional unemployment.structural unemployment.an employed indiv
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Question 1 (Worth 1 points)
If nominal GDP equals $125 billion and the CPI is 125, then real GDP equals
$1,000 billion.
$156.25 billion.
$100 billion.
$15.62 billion.
$10 billion.
Points earned on this question: 1
Question 2 (Worth 1 points)
A college graduate who is searching for his first job illustrates the concept of
cyclical unemployment.
frictional unemployment.
structural unemployment.
an employed individual.
a discouraged worker.
Points earned on this question: 1
Question 3 (Worth 1 points)
If changes in the stock market cause an increase in consumer wealth, we would expect to see a/an
increase in consumer indebtedness.
increase in consumer card balances.
increase in consumer spending.
decrease in investment spending.
decrease in imports.
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