Answer to Question #182272 in Macroeconomics for Faeem

Question

1. A reduction in the tax rate will increase the disposable income of consumers. True/False

2. Structural unemployment occurs when a slump or recession in the economy (as a result of a temporary lack of demand) gives ride to unemployment. True/False

Answer 1

1. A reduction in the tax rate will increase the disposable income of consumers. True

2. Structural unemployment occurs when a slump or recession in the economy (as a result of a temporary lack of demand) gives ride to unemployment. True