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Macro Factors affecting Employment

Authored by Giselle Ioannidis

Business

3rd Grade

Used 3+ times

Macro Factors affecting Employment
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Increase in the prices of goods and services over time is called

Inflation

Deflation

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Why does the Federal Reserve use federal funds RATE?

To modulate inflation

To put more dollars in the economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What does the Consumer Price Index Measure (CPI)?

The price increases of a particular basket of goods and services

The price fluctuation AND quantity of a particular basket of goods and services

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the price mechanism?

The adjustment of prices in response to changing market conditions

The surplus of prices in response to changing market conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Which two categories is left out of the core inflation rate?

Food and energy

Food and mortgage loans

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Who measures inflation?

It is published monthly by the Bureau of Labor Statistics

It is published monthly by the Federal Reserve Central Bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the consumer price index (CPI)

A measure of the cost of a fixed “market basket” of consumer goods and services

A measure of the cost of a variable “market basket” of consumer goods and services

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