Economics 1. An economy-wide unplanned(unexpected) inventory build-up may signal ____. a. a lower unemployment rate b. an increasing inflation rate c. an approaching recession d. higher government spending

Economics 1. An economy-wide unplanned(unexpected) inventory build-up may signal ____. a. a lower unemployment rate b. an increasing inflation rate c. an approaching recession d. higher government spending

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter2: Thinking Like An Economist

Section: Chapter Questions

Problem 6PA

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Question

Economics

1. An economy-wide unplanned(unexpected) inventory build-up may signal ____.

a. a lower unemployment rate

b. an increasing inflation rate

c. an approaching recession

d. higher government spending

Definition Definition State in which an individual is without work, despite actively seeking employment opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed. Unemployment is one of the key indicators of the conditions prevailing in an economy. It is therefore considered a barometer that points out the condition of an economy.

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