Author Question: The natural rate of unemployment occurs if there is no: a. unemployment. b. frictional ... (Read 201 times)

cool

  • Hero Member
  • *****
  • Posts: 570
The natural rate of unemployment occurs if there is no:
 a. unemployment.
  b. frictional unemployment.
  c. structural unemployment.
  d. cyclical unemployment.

Question 2

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



yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library