A scatter diagram plots the value of one economic variable against time

During a recession, cyclical unemployment ________ and real GDP ________

A) increases; increases B) increases; decreases C) decreases; decreases D) decreases; increases E) does not change; decreases

High tariffs on intermediate inputs

A) increase the effective rate of protection on final goods. B) have no impact on the effective rate of protection on final goods. C) decrease the effective rate of protection on final goods. D) lower the nominal rate of protection on final goods. E) raise the nominal rate of protection on final goods.