Author Question: The difference between voluntary and involuntary unemployment is that: a. involuntary ... (Read 118 times)

panfilo · **on:** Jun 30, 2018

The difference between voluntary and involuntary unemployment is that:

a. involuntary unemployment exists when wages are high.
b. voluntary unemployment exists in equilibrium.
c. voluntary unemployment falls as wages rise.
d. both b and c.
e. all of the above.

Question 2

In the classical model, an increase in government spending shifts the

a. demand for loanable funds to the right.
b. demand for loanable funds to the left.
c. supply of loanable funds to the right.
d. supply of loanable funds to the left.