Suppose a Report on the Internet Indicates That Job Prospects

question 65

Multiple Choice

Suppose a report on the internet indicates that job prospects for graduates are bright because full employment is achieved automatically.Economists are likely to

• A) be disappointed in the degree of economic understanding possessed by the author of the report
• B) be excited about the earning potential of new entrants into the labor market
• C) be anxious about inflationary indicators
• D) anticipate a recession
• E) encourage a tax cut to stimulate the economy