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Author Question: A decrease in supply is graphically represented as a A) rightward shift of the supply curve. B) ... (Read 256 times)

bobbie

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A decrease in supply is graphically represented as a
 
  A) rightward shift of the supply curve.
  B) leftward shift of the supply curve.
  C) movement up and to the right on a supply curve.
  D) movement down and to the left on a supply curve.

Question 2

If someone who was working full time is now only working part time, this change in status will cause the unemployment rate to
 
  A) increase.
  B) decrease.
  C) remain unchanged.
  D) It depends on how many hours this person is now working each week.



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Smiles0805

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Answer to Question 1

B

Answer to Question 2

C





 

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