Author Question: Increases in the duration of unemployment may A) reflect a general downturn in economic activity ... (Read 73 times)

CQXA · **on:** Jun 29, 2018

Increases in the duration of unemployment may

A) reflect a general downturn in economic activity that depresses job openings.
B) increase the number of discouraged workers.
C) increase the unemployment rate.
D) all of the above.

Question 2

What will happen when there is a rightward shift in the demand curve?

A) The product price will instantaneously adjust downward.
B) Product prices do not change in this situation.
C) Producers will decrease the product price.
D) A new, higher price is not instantaneously achieved, but the price will rise over time.