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Author Question: When the economy moves into and out of recessions and expansions, the unemployment rate fluctuates ... (Read 111 times)

savannahhooper

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on: Jun 29, 2018
When the economy moves into and out of recessions and expansions, the unemployment rate fluctuates around the
 
  A) natural unemployment rate.
  B) structural unemployment rate.
  C) cyclical unemployment.
  D) frictional unemployment rate.

Question 2

Marvin loves chocolate truffles. As the price of a chocolate truffle increases from 1 to 2 to 3, Marvin continues to buy a dozen chocolate truffles every week. Marvin's demand for chocolate truffles is ________.
 
  A) elastic
  B) unit elastic
  C) illustrated by a horizontal demand curve
  D) perfectly inelastic


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lolol

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


savannahhooper

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Reply 2 on: Jun 29, 2018
Gracias!

tuate

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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