Author Question: A decrease in the expected future price of cars A) increases the current quantity demanded of ... (Read 44 times)

sc00by25 · **on:** Jun 29, 2018

A decrease in the expected future price of cars

A) increases the current quantity demanded of cars, that is, there is a movement downward along the demand curve for cars.
B) increases the current demand for cars, that is, there is a rightward shift of the demand curve for cars.
C) decreases the current quantity demanded of cars, that is, there is a movement upward along the demand curve for cars.
D) decreases the current demand for cars, that is, there is a leftward shift of the demand curve for cars.

Question 2

Suppose the economy is experiencing frictional unemployment of 1 percent, structural unemployment of 3 percent and cyclical unemployment of 4 percent. What is the natural unemployment rate?

A) 3 percent
B) 4 percent
C) 5 percent
D) 7 percent