The economic cost of unemployment is the loss of potential output ...

[tth]

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.

[voltaire123]

Answer to Question 1

True

Answer to Question 2

a

[tth]

Gracias!

[Mochi]

Excellent