Author Question: When there is an increase in the duration of unemployment, the U.S. Congress typically responds by ... (Read 52 times)

vicky · **on:** Jun 29, 2018

When there is an increase in the duration of unemployment, the U.S. Congress typically responds by

A) lowering income taxes.
B) extending unemployment benefits.
C) encouraging unemployed U.S. workers to seek employment overseas.
D) redefining unemployed so the unemployment rate does not look so bad.

Question 2

In the above figure, as more ukuleles are produced, the opportunity cost in terms of guitars is

A) decreasing.
B) increasing.
C) constant.
D) zero.