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Economics

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1.1-Which of the following is an example of frictional unemployment?A mother who has gone back to school now that her kids have gone to college.All of these are correct.A recent graduate looking for his first job.None of these are correct.A New Yorker who just moved to California to live off his investments and surf. 2-Suppose that the country of France has a 45% nominal interest rate and an expected inflation rate of 32%. Which of the following is the best estimate of the real interest rate in the country?

  4.5%

   45%

  12%

   There is not enough information to calculate the real interest rate.

  13%

2.Suppose Country X exports good A and imports good B. And, Country Y exports good B and imports good A. When country Y imposes an import tariff, what happens to the terms of trade in these countries and what is the impact of this on economic welfare (assume no other factor determines economic welfare).

3.Compare between dealers and speculators in global oil markets.