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

Author Question: If supply increases and demand decreases A) the market clearing price definitely rises, and the ... (Read 82 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jun 29, 2018
If supply increases and demand decreases
 
  A) the market clearing price definitely rises, and the equilibrium quantity definitely falls.
  B) the market clearing price definitely rises, and the effect on the equilibrium quantity is indeterminate.
  C) the market clearing price definitely falls, and the effect on the equilibrium quantity is indeterminate.
  D) the effect on the market clearing price is indeterminate, and the equilibrium quantity definitely falls.

Question 2

Costs of unemployment include
 
  A) structural unemployment.
  B) the output lost due to the fact that the economy is not running at full employment.
  C) reduction in the labor force.
  D) higher wages.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ghepp

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jun 29, 2018
Correct answers!


ghepp

  • Sr. Member
  • ****
  • Posts: 361
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ... Anxiety rises as needs are not met. Without resolution, anxiety may lead to frustration, and then, ...
The growing demand for electrical power, carbon sequestration and storage must be a priority The growing demand for electrical power, carbon sequestration and storage must be a priority
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library