Samuelson and Solow reasoned that when aggregate demand was high, unemployment was
a. low, so there was upward pressure on wages and prices.
b. low, so there was downward pressure on wages and prices.
c. high, so there was upward pressure on wages and prices.
d. high, so there was downward pressure on wages and prices.
a
Economics
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If the rate of job finding equals 19%, and the natural rate of unemployment is 5%, then the rate of job separation equals
A) 1%. B) 5.26%. C) 20.8%. D) 26.3%.
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Which of the following are taxpayers not allowed to deduct from taxable income?
a. state income taxes b. local income taxes c. property taxes d. interest on auto loans
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