Answer:
Economic Performance Unit Test
1. -Notebooks sold to students.
-French fries sold to customers at a restaurant.
2. - $4,100
3. - The market value of new factories built this year.
4. - Real GDP fluctuates but follows an upward-sloping trend line.
5. - 100%
6. - 6.5 billion dollars
7. - 1.10%
8. Unemployment associated with workers who are between jobs.; Frictional unemployment
Unemployment resulting from mismatches between employer needs and employee skills.; Structural unemployment
Unemployment associated with the highs and lows of the business cycle.; cyclical unemplyment
9. -17%
10. - The economist is correct. Since more people are entering the workforce than are leaving it, a lack of jobs growth could result in a higher level of unemployment, even if the growth is not negative.
11. -4.8%
12. - An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
- A tornado destroys factories and lowers supply levels throughout the economy.
13. housing costs,clothing cost utilities costs are Suuplemental Poverty Measure
food cost is both.
14.- negative income tax
15. - After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.
-After adopting a new typing strategy, a data scientist is able to provide more data services to clients.
16. - GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.
17. Essay
Explanation:
I just took the test these are 100% Correct.
Mark me braliest!!!!!
!00 %
