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Saturday, February 18, 2017

2012 Macro Multiple Choice (Unemployment, Inflation, Phillips Curve)

2012 Macro Multiple Choice (Unemployment, Inflation, Phillips Curve)
Cheat Sheet here

Answer - (B)

Hyperinflation Video

Answer - (B) 

If you are so hopelessly out of work that you've stopped looking over the past four weeks -- the Department of Labor doesn't count you as unemployed. That's right. While you are as unemployed as one can possibly be, and tragically may never find work again, you are not counted in the figure we see relentlessly in the news.

Answer - (A)

Answer - (C)
From the cheat sheet


Answer - (C)


 Answer - (D)
From the cheat sheet

Answer - (E)


Answer - (E)



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