This topic contains a solution. Click here to go to the answer

Author Question: Suppose there is a simultaneous increase in demand and increase in supply. Given this information, ... (Read 82 times)

appyboo

  • Hero Member
  • *****
  • Posts: 527
Suppose there is a simultaneous increase in demand and increase in supply. Given this information, we know with certainty that
 
  A) both the equilibrium price and the equilibrium quantity will increase.
  B) the equilibrium price will increase, and the equilibrium quantity will increase.
  C) the equilibrium quantity will increase.
  D) the equilibrium price will increase.

Question 2

A job loser is an individual
 
  A) in the labor force whose employment was involuntarily terminated.
  B) who used to work full time but left the labor force and has now reentered it looking for a job.
  C) in the labor force who quits voluntarily.
  D) who has never held a full-time job lasting two weeks or longer but is now seeking employment.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library