Two Economic Questions - I think the answers are 1.a and 2.e?
1.
The full-employment unemployment rate is
a.0
b.inconsistent with price stability
c.the rate that reflects cyclical unempoyment
d.10%
e.none of the above
2.
The type of unemployment most likely to be eliminated in the short run through manipulation of G and T is
a.structural
b.cyclical
c.frictional
d.seasonal
e.all of the above
1.
The full-employment unemployment rate is
a.0
b.inconsistent with price stability
c.the rate that reflects cyclical unempoyment
d.10%
e.none of the above
2.
The type of unemployment most likely to be eliminated in the short run through manipulation of G and T is
a.structural
b.cyclical
c.frictional
d.seasonal
e.all of the above