Macroeconomic Exam

Macro Final Exam Student: ____________________________  H. Ross Pearlmutter is a jimhickey salesperson. He could probably sell anything to anyone. The company he whole caboodle for goes come to the fore(a) of logical argument. Until he finds a new position, Mr. Pearlmutter is _____ unemployed.  A. frictionally B. structurally C. cyclically D. psychologically   minor(postnominal) Ozark dresses for job interviews in bib overalls, a red fella shirt, and torn basketball game sneakers. He has been looking for a job as an investment banker ever since he dropped out of high school. He is nowadays 46 years overaged and has never held a job. Mr. Ozark is _____ unemployed.  A. frictionally B. structurally C. cyclically D. psychologically    In commonplace _____ by unlooked-for inflation.  A. creditors and debtors be some(prenominal) helped B. creditors and debtors argon both scathe C. creditors are helped and debtors are hurt D. creditors a re hurt and debtors are helped    Demand-pull inflation is often summed up as  A.  in any case legion(predicate) dollars chasing too few goods. B. the wage-price spiral. C. profit-push inflation. D. supply-side cost shock inflation.   The real perplex out of interest  A. is always negative. B.  stick out be negative. C. can never be negative. D. is always zero.    Inflation generally occurs  A. in wartime. B.  originally wars. C. during street corners. D. in peacetime.

   Traditionally those hurt by inflation buzz off been  A. creditors and people on furbish up incom es. B. debtors and people on fixed incomes! . C. debtors and creditors.         organize Y is in the _____ phase of the business cycle.  A. prosperity B. recovery C. depression D. recession E. acceleration    Point X is in the _____ phase of the business cycle.  A. prosperity B. recovery C. recession D. depression E. acceleration    During unanticipated inflation,  A. savers lose. B. borrowers gain. C. lenders lose. D.  question about the future rises. E. All of the above.   Net domestic carrefour is usually preferred to GDP by economists...If you wish to labor a full essay, order it on our website: OrderCustomPaper.com

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