An income tax to pay for national defense can approximate a _____ if there is a close relationship between income and _____

Most of the unemployment that occurred during the Great Depression was

A) frictional unemployment. B) structural unemployment. C) core unemployment. D) cyclical unemployment.

An important critique of real business cycle theory is the belief that cyclical movements in total factor productivity

A) rarely occur. B) may, in part, be an artifact of measurement error. C) lead to imperceptible changes in labor demand. D) are too small to account for the size of fluctuations in real GDP.