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Author Question: The economy's natural rate of unemployment consists of: a. structural plus frictional unemployment. ... (Read 167 times)

joblessjake

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on: Jun 30, 2018
The economy's natural rate of unemployment consists of:
 a. structural plus frictional unemployment.
  b. cyclical plus frictional unemployment.
  c. structural plus cyclical unemployment.
  d. structural, frictional, and cyclical unemployment.

Question 2

Assume the marginal propensity to consume (MPC) is 0.75 and the government increases taxes by 250 billion. The aggregate demand curve will shift to the:
 a. left by 1,000 billion.
  b. right by 1,000 billion.
  c. left by 750 billion.
  d. right by 750 billion.


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bfulkerson77

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

a

Answer to Question 2

c


joblessjake

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Liddy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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