Author Question: According to classical economists, a decrease in the rate of interest will A) increase ... (Read 94 times)

pepyto · **on:** Jun 29, 2018

According to classical economists, a decrease in the rate of interest will

A) increase unemployment.
B) increase consumer saving.
C) increase business investment.
D) increase business failures.

Question 2

The unemployment rate will rise when

A) people get discouraged and quit looking for a job.
B) the average work week falls from 40 hours to 39 hours.
C) the duration of unemployment increases.
D) the size of the labor force increases without an increase in employment.