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Author Question: A positive cross elasticity indicates a substitute relationship. Indicate whether the statement is ... (Read 77 times)

kodithompson

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on: Jun 30, 2018
A positive cross elasticity indicates a substitute relationship.
  Indicate whether the statement is true or false

Question 2

When the economy is in a recession, ____ rises and poverty ____.
 a. unemployment; decreases
  b. employment; decreases
 c. unemployment; increases
  d. employment; increases


Toya9913

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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