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McDonald's Big Macs. Production of this good is likely to fluctuate ________ fluctuations of real GDP during the business cycle.

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The unemployment rate declined from 3.8 percent in March 2019 to 3.6 percent in April. The labor force participation rate also declined from March to​ April, from 63.0 percent to 62.8 percent.Holding constant the number of people employed in April​ 2019, if the labor force participation rate had increased instead of​ decreased, the unemployment rate for April 2019 would beA.less than 3.6 percent because the value in the numerator of the formula for the unemployment rate would increase less than the value in the denominator.B.greater than 3.6 percent because adding the same number to both the numerator and the denominator of a fraction that is less than one increases the value of the fraction.C.greater than 3.6 percent because the value in the numerator of the formula for the unemployment rate would increase less than the value in the denominator.Your answer is not correct.D.less than 3.6 percent because the value in the numerator of the formula for the unemployment rate would increase more than the value in the denominator.

Suppose that the only good you purchase is premium bottled water and that at the beginning of the​ year, the price of a bottle is ​$2.00. Suppose you lend ​$1,000 for one year at an interest rate of 10.6 percent. At the end of the​ year, the price of premium bottled water has risen to ​$2.17.Calculate the real interest rate on the loan: (Enter your response as a percentage rounded to one decimal​ place.)

Workers who lose their jobs because of a recession are experiencingA.seasonal unemployment.B.structural unemployment.C.cyclical unemployment.D.frictional unemployment.

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