Suppose there is some unemployment in the economy and society decides that it wants more of one good. Which of the following statements is true?
A) It will have to increase resource supplies.
B) It can increase output without giving up another good by employing more resources.
C) It is not possible to achieve this unless technology advances.
D) It will have to give up production and consumption of some other good.
B
Economics
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A) involuntarily unemployment. B) mismatch unemployment. C) cyclically unemployment. D) turnover unemployment.
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In the short run, a federal budget deficit will most likely _____
a. stimulate aggregate supply b. reduce federal debt c. boost economic growth d. reduce national saving e. boost domestic saving
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