Author Question: The natural rate of unemployment exists when cyclical unemployment equals zero. a. True b. False ... (Read 31 times)

j.rubin · **on:** Jun 30, 2018

The natural rate of unemployment exists when cyclical unemployment equals zero.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In the U.S. economy, the effect on federal tax revenues and spending of a decrease in employment is to:
a. cut tax revenues and raise expenditures.
b. cut spending and raise tax revenues.
c. raise both tax revenues and expenditures.
d. cut both spending and tax revenues.