This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 ... (Read 95 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3.5 percent. Then cyclical unemployment is
 
  A) 1 percent.
  B) -1 percent.
  C) 8 percent.
  D) 0 percent.

Question 2

A good with a vertical demand curve has a price elasticity of demand that ________.
 
  A) is equal to 1
  B) is equal to infinite
  C) is equal to zero
  D) varies between 0 and 1


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


tuffie

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Wow, this really help

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Evolutionary adaptation to a new environment via natural selection. Evolutionary adaptation to a new environment via natural selection.
A drug’s bioavailability will depend on the dosage form and how much will actual A drug’s bioavailability will depend on the dosage form and how much will actual
Temperature Changes on Heart Rate Temperature Changes on Heart Rate
Fluidization - Reaction Rate Chart Fluidization - Reaction Rate Chart
Predicted versus Actual GDP per Worker Predicted versus Actual GDP per Worker
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: Skin Cancer

For a complete list of videos, visit our video library