Author Question: The supply curve of a uniquely talented actor or superstar athlete will be perfectly inelastic. ... (Read 300 times)

Garrulous

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The supply curve of a uniquely talented actor or superstar athlete will be perfectly inelastic.
 
  Indicate whether the statement is true or false

Question 2

Which of the following would decrease the natural rate of unemployment?
 
  A) a decrease in government-sponsored programs that train unemployed workers so they can find new jobs quickly
  B) an increase in the generosity of unemployment insurance programs
  C) fewer restrictions on unions to negotiate wage changes with companies
  D) a decrease in the number of younger, less skilled workers in the economy


shaikhs

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Answer to Question 1

TRUE

Answer to Question 2

D



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