1-Which of the following is an example of frictional unemployment? A mother who has gone back to school now that her kids have gone to college. All of these are correct. A recent graduate looking for his first job. None of these are correct. A New Yorker who just moved to California to live off his investments and surf. 2-Suppose that the country of France has a 45% nominal interest rate and an expected inflation rate of 32%. Which of the following is the best estimate of the real interest rate in the country? 4.5% 45% 12% There is not enough information to calculate the real interest rate. 13%

1-Which of the following is an example of frictional unemployment? A mother who has gone back to school now that her kids have gone to college. All of these are correct. A recent graduate looking for his first job. None of these are correct. A New Yorker who just moved to California to live off his investments and surf. 2-Suppose that the country of France has a 45% nominal interest rate and an expected inflation rate of 32%. Which of the following is the best estimate of the real interest rate in the country? 4.5% 45% 12% There is not enough information to calculate the real interest rate. 13%

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 3.7P

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Similar questions

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