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Author Question: The natural rate of unemployment occurs if there is no: a. unemployment. b. frictional ... (Read 170 times)

cool

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on: Jun 30, 2018
The natural rate of unemployment occurs if there is no:
 a. unemployment.
  b. frictional unemployment.
  c. structural unemployment.
  d. cyclical unemployment.

Question 2

Assume the marginal propensity to consume (MPC) is 0.75 and the government cuts taxes by 250 billion. The aggregate demand curve will shift to the:
 a. right by 1,000 billion.
  b. right by 750 billion.
  c. left by 1,000 billion.
  d. left by 750 billion.


yasmin

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  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


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