How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Bizhelp Your Own Question

Bizhelp
Bizhelp, CPA
Category: Multiple Problems
Satisfied Customers: 5777
Experience:  BA degree and Certified Public Accountant
23848519
Type Your Multiple Problems Question Here...
Bizhelp is online now
A new question is answered every 9 seconds

The recovery phase of the business cycle ends when we: A.

Resolved Question:

The recovery phase of the business cycle ends when we:
A. re-attain the level of the previous peak.
B. re-attain the level of the previous trough.
C. go into the next recession.
D. are back at full employment.
Reset Selection

Question 2 of 20
5.0 Points
__________ is NOT an endogenous business cycle theory.
A. Psychological theory
B. Demographic theory
C. Monetary theory
D. Innovation theory
Reset Selection

Question 3 of 20
5.0 Points
Demand-pull inflation is often summed up as:
A. too many dollars chasing too few goods.
B. the wage-price spiral.
C. profit-push inflation.
D. supply-side cost shock inflation.
Reset Selection

Question 4 of 20
5.0 Points
The unemployment that occurs as jobs are eliminated because of changing technology is known as:
A. frictional.
B. voluntary.
C. structural.
D. fundamental.
Reset Selection

Question 5 of 20
5.0 Points
During the early 1980s the changes that occurred in inflation and unemployment rates:
A. suggest that disinflation can occur only if unemployment increases significantly.
B. support the notion of a stable Phillips curve.
C. suggest that both inflation and unemployment can be consistently reduced by dramatically increasing interest rates.
D. All of the above
Reset Selection

Question 6 of 20
5.0 Points
During business cycles:
A. troughs are followed by recessions.
B. troughs are followed by peaks.
C. peaks are followed by troughs.
D. peaks are followed by recessions.
Reset Selection

Question 7 of 20
5.0 Points
Inflation generally occurs:
A. in wartime.
B. before wars.
C. during recessions.
D. in peacetime.
Reset Selection

Question 8 of 20
5.0 Points
Kimberly quit her job as a computer programmer, spent two weeks in Hawaii, and is now looking for (and expects to soon find) another job. She is __________ unemployed.
A. psychologically
B. structurally
C. frictionally
D. cyclically
Reset Selection

Question 9 of 20
5.0 Points
In 1973 the OPEC countries:
A. lowered the price of oil by 50%.
B. raised the price of oil by 50%.
C. doubled the price of oil.
D. quadrupled the price of oil.
Reset Selection

Question 10 of 20
5.0 Points
The term recession refers to a:
A. period of decline in real GDP for two business quarters.
B. fall in the general level of real wages.
C. fall in the CPI.
D. fall in the rate of increase of real per capita GDP.
Reset Selection

Question 11 of 20
5.0 Points
The unemployment rate is a fraction whose numerator is the:
A. total population.
B. number of employed.
C. number of unemployed.
D. difference between the total population and the number of employed.
Reset Selection

Question 12 of 20
5.0 Points
A lender need NOT be penalized by inflation if the:
A. long-term rate of inflation is less than the short-term rate of inflation.
B. short-term rate of inflation is less than the long-term rate of inflation.
C. lender correctly anticipates inflation and increases the nominal interest rate accordingly.
D. inflation is unanticipated by both borrower and lender.
Reset Selection

Question 13 of 20
5.0 Points
What does NOT occur in a fully employed economy?
A. Cyclical unemployment
B. Discouraged workers
C. Frictional unemployment
D. Structural unemployment
Reset Selection

Question 14 of 20
5.0 Points
The Consumer Price Index measures changes in:
A. the money supply.
B. all prices.
C. the cost of living.
D. the cost of consumer credit.
Reset Selection

Question 15 of 20
5.0 Points
Discouraged workers are officially:
A. unemployed.
B. employed.
C. not in the labor force.
D. in the labor force.
Reset Selection

Question 16 of 20
5.0 Points
Business cycles:
A. have been a recurring source of debate to economic theory throughout history.
B. represent a fairly recent problem confronting economic systems.
C. show very regular and smooth patterns of ups-and-downs in economic systems.
D. cannot occur in market-based economic systems.
Reset Selection

Question 17 of 20
5.0 Points
Which can be negative?
A. Only the nominal rate of interest
B. Only the real rate of interest
C. Both the nominal and real rates of interest
D. Neither the nominal nor the real rate of interest
Reset Selection

Question 18 of 20
5.0 Points
For purposes of calculating the unemployment rate, a person who is between jobs is:
A. counted as being structurally unemployed.
B. not included in the labor force.
C. not included in the population.
D. counted as being frictionally unemployed.
Reset Selection

Question 19 of 20
5.0 Points
The U.S. Department of Labor calculates the unemployment rate by:
A. totaling the number of households receiving unemployment compensation.
B. analyzing federal income tax returns.
C. surveying households.
D. surveying businesses to determine patterns of hiring and layoffs.
Reset Selection

Question 20 of 20
5.0 Points
Submitted: 2 years ago.
Category: Multiple Problems
Expert:  Bizhelp replied 2 years ago.
Hi,

Thanks for the questions.

Please click here for the answers.


If you left off Question #20 above, please reply with it so i can answer it.

Hope this helps!

Expert:  Bizhelp replied 2 years ago.
Hello,

Please click here for the answers.


If you are satisfied with these answers, please click the green Accept button so that I may be credited for my work.
Bizhelp, CPA
Satisfied Customers: 5777
Experience: BA degree and Certified Public Accountant
Bizhelp and 2 other Multiple Problems Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • linda_us

    Master's Degree

    Satisfied Customers:

    1051
    Business Analyst and Solution Consultant with over 9 years of experience.
< Last | Next >
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg linda_us's Avatar

    linda_us

    Master's Degree

    Satisfied Customers:

    1051
    Business Analyst and Solution Consultant with over 9 years of experience.
  • http://ww2.justanswer.com/uploads/ED/educatortech/2012-6-7_1256_williams4.64x64.jpg Mr. Gregory White's Avatar

    Mr. Gregory White

    Master's Degree

    Satisfied Customers:

    775
    M.A., M.S. Education / Educational Administration
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Doctoral Degree

    Satisfied Customers:

    565
    Lawyer, Accountant and Researcher
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Bachelor's Degree

    Satisfied Customers:

    528
    Completed by BA degree in 1988 and graduated with a GPA of 4.0
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    B.Com

    Satisfied Customers:

    384
    have completed B.Com and CA Finalist
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    373
    BA degree and Certified Public Accountant
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg MyVirtualCPA's Avatar

    MyVirtualCPA

    Master's Degree

    Satisfied Customers:

    135
    Master's degree holder who loves to help you understand your MC homework problems
 
 
 

Related Multiple Problems Questions