The New Deal legislation passed by President Roosevelt was inspired by

The consumption function shows how much

A) households plan to consume per year at each possible interest rate. B) real disposable income people will earn at each income tax bracket. C) households plan to consume per year at each level of real disposable income. D) households plan to consume per year at each level of savings.

According to Okun's Law, if the annual growth rate of real GDP is 2.5%, the unemployment rate is likely to ________

A) increase by 0.25% B) decrease by 1% C) increase by 2.5% D) decrease by 0.5%