Cyclical unemployment: a. causes unemployment statistics to be ...

[torybrooks]

Cyclical unemployment:
 a. causes unemployment statistics to be understated.
  b. causes unemployment statistics to be overstated.
  c. occurs because of recessions.
  d. occurs because of technological innovations in production.
  e. only occurs with a zero inflation rate.

Question 2

The change in consumption divided by a change in income is called the:
 a. consumption function.
  b. marginal propensity to consume.
  c. marginal propensity to spend.
  d. spending function.
  e. changing propensity to consume.

[CourtneyCNorton]

Answer to Question 1

c

Answer to Question 2

b

[torybrooks]

Thanks for the timely response, appreciate it

[bigsis44]

Excellent