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59. A good produced in 2008 that was in the finished goods
inventory on December 31, 2008, and was sold in January 2009
would be included in whole or in part in the GDP of which year(s)?
60. The following information is available for economic activity for
year 1: What amount is the gross domestic product for year 1?
61. Which of the following indicates that the economy is in a
recessionary phase?
62. If the U.S. economy is experiencing a 9% total unemployment
rate and the natural rate of unemployment is 5.5%, which of the
following is the cyclical rate of unemployment?
63. Jason, 14 years old, has been working delivering newspapers
for the past two years. Because he just entered high school, he has
had to give up his newspaper delivery job. Although he has been
seeking a new job, he has not been able to find one. Jason would be
considered
64. There can be official full employment when there is which of
the following kinds of unemployment? I. Structural
unemployment.II. Frictional unemployment.III. Seasonal
unemployment.
65. As a result of the recession in 2009 and the related decline in
tourism, several thousand hospitality industry workers in Florida
became unemployed. These workers were
66. Which of the following changes in unemployment is most likely
to be associated with a period of economic contraction?
67. Which of the following types of unemployment typically results
from technological advances?
68. Which of the following is not included in what is considered the
natural rate of unemployment?
69. Which of the following is most likely to decrease aggregate
demand?