Refer to Figure 3-1. An increase in population would be ...

[Tirant22]

Refer to Figure 3-1. An increase in population would be represented by a movement from
 
  A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.

Question 2

Why might it be inefficient for the labor market not to have some form of unemployment compensation?
 
  What will be an ideal response?

[Jossy]

Answer to Question 1

C

Answer to Question 2

Some form of unemployment compensation lowers the opportunity cost of looking for work. Without any compensation whatsoever workers might be tempted to terminate their job search much more quickly and accept jobs that are well below their productivity because of the urgent need to earn money just to get by to pay for food and other necessities.

[Tirant22]

Thanks for the timely response, appreciate it

[6ana001]

TYSM