Author Question: A shortage causes the A) demand curve to shift leftward. B) supply curve to shift rightward. C) ... (Read 263 times)

bcretired

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A shortage causes the
 
  A) demand curve to shift leftward.
  B) supply curve to shift rightward.
  C) price to fall.
  D) price to rise.

Question 2

Unlike cyclical unemployment, both frictional and structural unemployment rise during recessions and fall during expansions.
 
  Indicate whether the statement is true or false



l.stuut

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Answer to Question 1

D

Answer to Question 2

FALSE



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