41. Inflation is A. a rise in the price of every good and service. B. a...

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41. Inflation is A. a rise in the price of every good and service. B. a rise of exactly a specified percentage in the price of every good or service. C. a rise in the average price level. D. a rise in average prices of at least 10 percent a year. 42. Kimberly quit her job as a computer programmer, spent two weeks in Hawaii, and is now looking for (and expects to soon find) another job. She is unemployed. A. psychologically B. structurally C. frictionally D. cyclically 43. In 1973 the OPEC countries A. lowered the price of oil by 50% B. raised the price of oil by 50%. C. doubled the price of oil. D. quadrupled the price of oil. 44. Which ordering is correct? A. Recession, recovery, prosperity. B. Prosperity, recovery, recession. C. Recession, prosperity, recovery. D. Recovery, recession, prosperity. 45. A high school dropout with poor work habits, little experience, and no vocational training, who has been o of work for three years but is actively seeking employment, would be unemployed. A. Frictionally B. Structurally C. Cyclically 46. The labor force includes only A. people who are employed. B. the employed and the unemployed. C. the employed, the unemployed, and discouraged workers. D. the unemployed and discouraged workers. 41. Inflation is A. a rise in the price of every good and service. B. a rise of exactly a specified percentage in the price of every good or service. C. a rise in the average price level. D. a rise in average prices of at least 10 percent a year. 42. Kimberly quit her job as a computer programmer, spent two weeks in Hawaii, and is now looking for (and expects to soon find) another job. She is unemployed. A. psychologically B. structurally C. frictionally D. cyclically 43. In 1973 the OPEC countries A. lowered the price of oil by 50% B. raised the price of oil by 50%. C. doubled the price of oil. D. quadrupled the price of oil. 44. Which ordering is correct? A. Recession, recovery, prosperity. B. Prosperity, recovery, recession. C. Recession, prosperity, recovery. D. Recovery, recession, prosperity. 45. A high school dropout with poor work habits, little experience, and no vocational training, who has been o of work for three years but is actively seeking employment, would be unemployed. A. Frictionally B. Structurally C. Cyclically 46. The labor force includes only A. people who are employed. B. the employed and the unemployed. C. the employed, the unemployed, and discouraged workers. D. the unemployed and discouraged workers.

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