Business, 13.09.2021 21:10 erniewernie

According to the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the first quarter of 2018. This contrasts with the fourth quarter of 2017, when real GDP increased by 2.9 percent. According to the Bureau of Labor Statistics (BLS), the consumer price index (CPI) increased by 2.1 percent in 2017. This is the same as the rate of price inflation observed in 2016. The BLS also reports that the unemployment rate for April of 2018 fell to 3.9%, which is the lowest rate of unemployment since December of 2000. Use these data about the recent performance of the U. S. economy to classify each of the following statements as true or false.
1. In early 2018, real output in the economy rose, while unemployment declined.
a. true
b. false2. Growth of real output slowed between the last quarter of 2017 and the first quarter of of 2018.
a. trueb. false3. The low employment rate of early 2018 could have resulted from many discouraged workers leaving the labor force.
a. trueb. false4. The prices of all domestic products and services rose in 2017.
a. trueb. false

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 20:30

1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period

Answers: 3

Answer

Business, 22.06.2019 06:30

The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.

Answers: 3

Answer

Business, 22.06.2019 10:40

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Answers: 1

Answer

Business, 22.06.2019 11:30

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?

Answers: 1

Answer

You know the right answer?

According to the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at a...

Questions