Unemployment compensation payments: a. rise during a recession ...

[hbsimmons88]

Unemployment compensation payments:
 a. rise during a recession and thus reduce the severity of the recession.
  b. rise during a recession and thus increase the severity of the recession.
  c. rise during inflationary episodes and thus reduce the severity of the inflation.
  d. fall during a recession and thus increase the severity of the recession.

Question 2

The tradeoff between the inflation rate and unemployment rate is represented by the:
 a. consumption function.
  b. misery index.
  c. Phillips curve.
  d. Keynes curve.

[ansleighelindsey]

Answer to Question 1

a

Answer to Question 2

c

[hbsimmons88]

Excellent

[scikid]

Thanks for the timely response, appreciate it