Most unemployed persons fall into the category of job loser
Indicate whether the statement is true or false
True
Economics
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During normal times
A) fiscal policy is very effective because it the effects of fiscal policy will swamp automatic stabilizers and time lags can be. B) fiscal policy can immediately correct problems in the economy. C) the Ricardian equivalence theorem makes fiscal policy very effective. D) fiscal policy is not effective because of the recognition time lag.
Economics
Refer to the following figure. The price of capital is $50 per unit:
What is the price per unit of labor?
A. $25 B. $10 C. $20 D. $ 2
Economics