Due to automatic stabilizers, when the nation's total income rises, government transfer payments
A. and tax revenues increase.
B. decrease and tax revenues increase.
C. increase and tax revenues decrease.
D. and tax revenues decrease.
Answer: B
Economics
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What is the role of nongovernmental organizations in promoting labor standards?
a. They have no enforcement power, but they can investigate and bring attention to and put pressure on firms, governments, and other groups to effect change. b. Because they are nongovernmental, they have no power. c. They can change laws for labor in many situations. d. Because they are part of the United Nations, they often report their findings and cause major policy changes.
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Frictional unemployment is unemployment reflecting a mismatch of skills and jobs
Indicate whether the statement is true or false
Economics