When individuals come together to buy and sell goods and services, they form a(n)

Does the term "mandatory spending" mean that spending must go on forever?

A) Yes, Congress has no right to change these spending programs. B) Yes, the laws which authorized this spending cannot be changed. C) No, once appropriated, spending is for the life of the program only or until it changes. D) Yes, once appropriated, spending is indefinite.

Because unemployment is a macroeconomic topic, an increase in unemployment would not be expected to have any impact on the equilibrium price or quantity in the market for an individual good

Indicate whether the statement is true or false