The table above gives the supply schedule for a product. Using the midpoint method, find the price elasticity of supply between points A and B, between B and C, between C and D, and between D and E

An increase in the income tax rate ________ the value of the tax multiplier

A) decreases B) increases C) has no effect on D) may increase or decrease

The natural rate of unemployment is the rate of unemployment

A) that occurs when the money market is in equilibrium. B) that occurs when the markup of prices over costs is zero. C) where the markup of prices over costs is equal to its historical value. D) that occurs when both the goods and financial markets are in equilibrium. E) none of the above