Question
1) What is the most recent unemployment rate in the U.S ? What was the highest unemployment rate we had in the most recent recession?
1) What is the most recent unemployment rate in the U.S ? What was the highest unemployment rate we had in the most recent recession? Is there an improvement? Explain how unemployment changes over the business cycle. Why do these changes occur?
2) How does a decrease in the tax rate on income earned on saving affect saving, investment, interest rate, and economic growth?
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Microeconomics Theory and Applications with Calculus
Authors: Jeffrey M. Perloff
3rd edition
133019934, 978-0133019933
