A decrease in aggregate demand and the subsequent cutbacks in ...

[jenna1]

A decrease in aggregate demand and the subsequent cutbacks in production lead to:
 a. frictional unemployment.
  b. cyclical unemployment.
  c. cost-push unemployment.
  d. structural unemployment.
  e. transitory unemployment.

Question 2

The marginal propensity to consume measures the ratio of the:
 a. average amount of our income that we spend.
  b. average amount of our savings that we spend.
  c. change in consumer spending to a change in money holdings.
  d. change in consumer spending to a change in interest rates.
  e. change in consumer spending to a change in income.

[TDubDCFL]

Answer to Question 1

b

Answer to Question 2

e

[jenna1]

TYSM

[cici]

Excellent