The natural rate of unemployment exists when cyclical ...

[j.rubin]

The natural rate of unemployment exists when cyclical unemployment equals zero.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the U.S. economy, the effect on federal tax revenues and spending of a decrease in employment is to:
 a. cut tax revenues and raise expenditures.
  b. cut spending and raise tax revenues.
  c. raise both tax revenues and expenditures.
  d. cut both spending and tax revenues.

[meryzewe]

Answer to Question 1

True

Answer to Question 2

a

[j.rubin]

TYSM

[atrochim]

Excellent