Social Science - 27 February 2007

Suppose the government raises unemployment insurance payments in an economy where sticky wages and prices are causing actual output to be below potential output.

What are the likely effect on output in the short run? How do these effects differ from those expected from increased government spending on good and services such as television broadcasting, street cleaning and elderly care?

2007-02-27 00:23:40 · 2 answers · asked by pang_calise 1 in Economics

do what you dread doing but have to do?
like to read before a test, ect...
Thanks!

2007-02-27 00:22:16 · 5 answers · asked by Anonymous in Psychology