Page 166 - Macroeconomics. book docx_Neat
P. 166
Answers – Model Exam (2)
MCQ Answers:
1. C
2. A
3. A
4. B
5. B
6. B
7. C
8. C
9. B
10. B
11. B
12. B
13. B
14. A
15. B
16. B
17. C
18. B
19. A
20. A
Inflation is a sustained rise in the general price level reducing purchasing power.
Unemployment represents unused labor and causes income loss and social problems.
IS–LM model shows equilibrium in goods and money markets.
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