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mixas84 [53]
2 years ago
6

After getting her degree in Economics, Jeanine went to work for the Bureau of Labor Statistics. She compiles data on the unemplo

yment rate, which serves as an economic indicator. What does this data help Jeanine to understand
Business
1 answer:
zhannawk [14.2K]2 years ago
5 0

Answer:

A. how the economy is doing at the macro level

Explanation:

Since in the given situation it is mentioned that jeanine wants to work so she combined the unemployment rate data that represent the economic indicator so here she need to understand that how the economy is working at the macro level as the unemployment represent the condition that should be made in the labor market and the macro would deals with the overall GDP also how the unemployment level, inflation level and the price level impact it

Therefore the first option is correct

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The narrowest definition of the money supply (M1) includes:
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Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:

-M0: narrowly, it means the hard currency in circulation

-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.

-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.

-M2: covers M1 and saving accounts and CDs.

-M3: it surrounds the larger deposits.

-MZM: finally, this indicates the money market deposits.

That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.

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Answer:

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