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Author Question: The economic cost of unemployment is the loss of potential output which can never be realized. a. ... (Read 129 times)

tth

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The economic cost of unemployment is the loss of potential output which can never be realized.
 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 an increase in the unemployment rate is to:
 a. cut tax revenues and raise expenditures.
  b. cut expenditures and raise tax revenues.
  c. raise both tax revenues and expenditures.
  d. cut both expenditures and tax revenues.



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voltaire123

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Answer to Question 1

True

Answer to Question 2

a




tth

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


Joy Chen

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Reply 3 on: Yesterday
Gracias!

 

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