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Author Question: Suppose there is a simultaneous increase in demand and increase in supply. Given this information, ... (Read 120 times)

appyboo

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Suppose there is a simultaneous increase in demand and increase in supply. Given this information, we know with certainty that
 
  A) both the equilibrium price and the equilibrium quantity will increase.
  B) the equilibrium price will increase, and the equilibrium quantity will increase.
  C) the equilibrium quantity will increase.
  D) the equilibrium price will increase.

Question 2

A job loser is an individual
 
  A) in the labor force whose employment was involuntarily terminated.
  B) who used to work full time but left the labor force and has now reentered it looking for a job.
  C) in the labor force who quits voluntarily.
  D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.



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Ahnyah

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Answer to Question 1

C

Answer to Question 2

A





 

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