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Author Question: A decrease in demand and a decrease in supply will lead to A) unambiguous increases in both price ... (Read 112 times)

laurencescou

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on: Jun 29, 2018
A decrease in demand and a decrease in supply will lead to
 
  A) unambiguous increases in both price and quantity.
  B) unambiguous decreases in both price quantity.
  C) an unambiguous decrease in price, but the effect on quantity is indeterminate.
  D) an unambiguous decrease in quantity, but the effect on price is indeterminate.

Question 2

The labor force includes individuals who are: I. Employed II. Unemployed III. Discouraged workers
 
  A) I only
  B) Both I and II
  C) Both I and III
  D) All I, II and III


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cascooper22

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


laurencescou

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Reply #2 on: Jun 29, 2018
Thank you


cascooper22

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Reply #3 on: Jun 29, 2018
No problemo


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