Author Question: The official unemployment rate can be criticized for both understating and overstating the true ... (Read 47 times)

Wadzanai · **on:** Jun 30, 2018

The official unemployment rate can be criticized for both understating and overstating the true number of unemployed.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Programs that automatically increase government spending (relative to revenue) during a recession and automatically decrease government spending (relative to revenue) during an economic boom are called:
a. discretionary fiscal policy.
b. supply-side programs.
c. automatic stabilizers.
d. tax credits.