At macroeconomic equilibrium A) total taxes equal total ...

[cherise1989]

At macroeconomic equilibrium
 
  A) total taxes equal total transfers. B) total consumption equals total production.
  C) total investment equals total inventories. D) total spending equals total production.

Question 2

The natural rate of unemployment is the amount of unemployment
 
  A) associated with the business cycle.
  B) that exists when the economy goes into recession.
  C) equal to frictional plus structural unemployment.
  D) that exists when the economy is in an expansion.

[Brummell1998]

Answer to Question 1

D

Answer to Question 2

C

[cherise1989]

Thank you

[Brummell1998]

Happy to help you