Government purchases

a. are only weakly related to aggregate income
b. include spending on goods and services plus transfer payments
c. are inversely related to aggregate income
d. are inversely related to the price level
e. are inversely related to the interest rate

A

Economics

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An individual who is employed part time, but is looking for a full-time job, is classified as:

a. frictionally unemployed. b. cyclically unemployed. c. structurally unemployed. d. employed.

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An example of offshoring is when a foreign country sets up operations in the United States and employs American employees

Indicate whether the statement is true or false

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