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Which would NOT be included in GDP?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
What is the difference between real GDP and nominal GDP?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Which type of unemployment is caused by workers leaving their job in order to get a better job?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Which type of unemployment is caused by a recession?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Inflation is a good thing.
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Efficiency leads to
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Which type of unemployment is caused by weather changes?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
Which type of unemployment is caused when a entire industry fails?
False
economic growth
cyclical
frictional
seasonal
structural
whether GDP has been adjusted for inflation
Garage sale furniture
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