Page 155 - Macroeconomics. book docx_Neat

A. Money market

B. Goods market

C. Labor market

D. Foreign sector

13. LM curve represents:

A. Goods market

B. Money market

C. Labor market

D. Export market

14. Inflation means:

A. Fall in prices

B. Rise in prices

C. Rise in income

D. Fall in output

15. Unemployment refers to:

A. Working people

B. Jobless but willing to work

C. Children

D. Retired people

16. Balanced budget means:

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