Which of the following put regulations on banks?


FDIC

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Social Security Act 1935

The Great Depression

LEI

================================

Which model is used to make future predictions on the performances of an economy?


real GDP

LEI

econometric model

None of these answers

=============================

Which is used to predict changes in the business cycle?


econometric model

FDIC

LEI

DPI

==============================

________ occurs when consumers try to buy all of the goods and services which causes an excessive demand.


Demand-pull inflation

Stagflation

Commodity inflation

Cost-pull inflation

=============================================

Economists use the term __________ in describing an economy experiencing inflation at the same time as its resources are heavily underutilized. This also occurred during 1979–1981.


cost-pull inflation

stagflation

demand-pull inflation

commodity inflation

====================================

___________ describes the status of workers who have left one job and are soon likely to find another.


Seasonal unemployment

Structural unemployment

Frictional unemployment

Cyclical unemployment

======================================

Unemployment that follows the business cycle by increasing during recessions and decreasing during periods of recovery is called ___________.


seasonal unemployment

structural unemployment

frictional unemployment

cyclical unemployment

=========================================

Cost-push is most likely to occur in those industries in which management or labor is so strong that it can dictate prices.


True

False

=======================================

________ is caused by changes in the nature or location of employment opportunities.


Seasonal unemployment

Structural unemployment

Frictional unemployment

Cyclical unemployment

==============================

The trough is the highest point in the mutability of the business cycle.


True

False

 
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