Although Real Variables Such as Unemployment and Real GDP Are

question 28

Multiple Choice

Although real variables such as unemployment and real GDP are the best measures of economic performance, most economists do not advocate manipulating money supply directly to hit a real target because:

• A) they believe a constant growth rate of the money supply is the best way to stabilize real GDP or unemployment.
• B) if the Fed chose a target that was not natural output or the natural unemployment rate, the result would be accelerating inflation or deflation.
• C) if the Fed chose a target for the unemployment rate above the natural rate, the result would be accelerating inflation.
• D) if the Fed chose a target for the unemployment rate below the natural rate, the result would be accelerating deflation.

Recognize the role of self-presentation tools like résumés and personal stories in securing employment.

Identify the significance of networking in the job search and career progression.

Grasp strategies for "thinking like an employer" to improve interview outcomes.

Acknowledge the value of career counseling services in enhancing job search skills, including interview preparation.