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Author Question: Advocates of an active approach think that only when unemployment is high, the natural adjustments ... (Read 136 times)

Mr3Hunna

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on: Jun 30, 2018
Advocates of an active approach think that only when unemployment is high, the natural adjustments of wages and prices can be effective.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The country of Erbia has been experiencing high unemployment over a period of seven years. A likely outcome of such a situation is that potential GDP will fall.
 a. True
  b. False
  Indicate whether the statement is true or false


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janeli1

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

False

Answer to Question 2

True


Mr3Hunna

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


janeli1

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


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