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Author Question: A decrease in demand and a decrease in supply will lead to A) unambiguous increases in both price ... (Read 216 times)

laurencescou

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A decrease in demand and a decrease in supply will lead to
 
  A) unambiguous increases in both price and quantity.
  B) unambiguous decreases in both price quantity.
  C) an unambiguous decrease in price, but the effect on quantity is indeterminate.
  D) an unambiguous decrease in quantity, but the effect on price is indeterminate.

Question 2

The labor force includes individuals who are: I. Employed II. Unemployed III. Discouraged workers
 
  A) I only
  B) Both I and II
  C) Both I and III
  D) All I, II and III



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cascooper22

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Answer to Question 1

D

Answer to Question 2

B





 

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