11. A country has 50 million people, 30 million of whom areadults. Of the adults, 5 million are not interested in working,another 5 million are interested in working but have given uplooking for work, and 5 million are still looking for work. Ofthose who do have jobs, 5 million are working part time but wouldlike to work full time, and the remaining 10 million are workingfull time. How many discouraged workers does the country have?
A 5 million B 20 million C 10 million D 15 million
12. A patient with a rare disease has the same chance ofsurvival as one with a common disease, thanks to the spillovereffect.
True or False
13. Deflation is a decrease in the:
A average level of prices B velocity of money C exchange rate Dinflation rate
14. The supply of savings curve shows the relationship betweensavings and:
A investment B income C the interest rate D age
15. A country has 24 million people in the labor force, and 21.5million of them are employed. What is the unemployment rate in thiscountry?
A 89.6% B 10.4% C 2.5% D 21.5%
16. The Fisher effect is the tendency of nominal interest ratesto rise with the expected inflation rates.
True or False
17. Technological advances are generally expected tohave  ____ spillovers.
A both positive and negative B negative C positive D no
18. Figure loanable funds expansion: In the accompanying figure,if the demand for loanable funds increased from Dlf to D1lf and thesupply of loanable funds remains at Slf, the equilibrium interestrate will:
A increase to i1 temporarily and then return to i0 B fall belowi0 C increase to i1 D remain at i0
19. Episodes of hyperinflation are caused by:
A moderately high rates of real GDP growth B extremely highrates of money growth C severe recessions D extreme economicbooms
20. According to the textbook, one major reason for the increasein the female labor force participation rate after Worlds War IIwas:
A an increase in the overall production because of the baby boomB a decrease in the male labor force participation rate
  C an increase in the incentive to work D anincrease in income taxes
