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Author Question: If a government runs a cyclically balanced budget, its revenue will equal its expenditure: a. each ... (Read 36 times)

mp14

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on: Jun 30, 2018
If a government runs a cyclically balanced budget, its revenue will equal its expenditure:
 a. each year.
 b. at each phase of the business cycle.
  c. over the course of the business cycle.
  d. only during expansions.
 e. only during recessions.

Question 2

Which of the following types of unemployment is the hardest to reduce?
 a. Cyclical unemployment
 b. Structural unemployment
  c. Voluntary unemployment
  d. Frictional unemployment
  e. Seasonal unemployment


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jojobee318

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

c

Answer to Question 2

b


mp14

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Reply #2 on: Jun 30, 2018
Thank you :)


jojobee318

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Reply #3 on: Jun 30, 2018
Happy to help you


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