When comparing the severity of recessions since World War II, economists focus on the ones in

The length of time an unemployed person searches for a job is likely to increase as

A) the working age population gets older. B) new technologies make workers more productive. C) unemployment benefits become more generous. D) the birth rate declines. E) job rationing decreases.

A lump-sum tax minimizes deadweight loss

a. True b. False Indicate whether the statement is true or false