Mercantilists believed that a country gains from international trade only at the expense of another country or countries.

This type of unemployment reflects the normal amount of unemployed workers who possess skills that will enable them to find another job

A) cyclical unemployment B) frictional unemployment C) structural unemployment D) None of the above answers is correct.

A tax is said to be progressive if

a. the absolute size of the tax (in dollars) increases as income increases b. the wealthy pay a smaller percentage of their income than the poor c. the average tax rate falls as income rises d. the proportion of income paid as taxes increases as income increases e. the proceeds are used to pay for liberal political programs