U.S. law requires that parity price ratios be maintained at 100 percent

Structural unemployment

A) falls during the expansion phase of the business cycle. B) falls as the pace of technological progress increases. C) generally lasts longer than frictional unemployment. D) falls when the government provides more generous unemployment compensation benefits.

A movement along the consumption-function line would most likely be caused by a(n)

a. increase in net taxes b. decrease in net taxes c. increase in income d. decrease in productivity e. change in autonomous consumption