wk7 bonus

 

QUESTION 1

1. The official unemployment rate is the sum of frictional, structural, cyclical, and discouraged worker unemployment rates. True or False

1 points   

QUESTION 2

1. Suppose the expected inflation rate last year was 2% but the actual rate turned out to be 3%.   How much unanticipated inflation occurred?
2. 1%
3. 2%
4. 3%
5. 5%