If an aid program is mandated at the federal level, all states must abide by federal law and pay the same amount of benefits.

The job finding rate

A) equals 1 minus the job loss rate. B) remains constant over the business cycle. C) rises in recessions. D) rises in expansions.

The political functions of government differ from the economic functions of government in that

A) the political functions relate to income distribution while the economic functions relate to the way exchange is carried out. B) the political functions are performed at the federal government while the economic functions are at the state and local government levels. C) the political functions involve elections and the court systems while the economic functions involve taxation and transfers. D) the President deals with the economic functions while Congress deals with the political functions.