« previous next »

Author Question: Bill is a high-school dropout who lost his job in a fast food restaurant when the economy plunged ... (Read 134 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
Bill is a high-school dropout who lost his job in a fast food restaurant when the economy plunged into a recession. After 8 months, Bill is still looking for work. He is an example of
 
  A) frictional unemployment.
  B) structural unemployment.
  C) cyclical unemployment.
  D) the natural unemployment rate.

Question 2

The price elasticity of demand for cigarettes is 0.4. If government wants to reduce smoking by 10 percent, by how much should it raise the price of cigarettes by imposing a tax?
 
  A) by 10 percent
  B) by 20 percent
  C) by 25 percent
  D) by 50 percent


milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Levels of organization in a fast contracting frog Levels of organization in a fast contracting frog
A severe food shortage occurred in the Netherlands during the “Hunger Winter” of 1944–1945. A severe food shortage occurred in the Netherlands during the “Hunger Winter” of 1944–1945.
The lost-wax casting process. The lost-wax casting process.
Accumulation of toxicants over time and up the food chain Accumulation of toxicants over time and up the food chain
Major Food Sources of Saturated and Trans Fats for Americans Major Food Sources of Saturated and Trans Fats for Americans
Go Green: Tips for Making More Sustainable Food Choices Go Green: Tips for Making More Sustainable Food Choices
Video: Rods and Cones Animation

For a complete list of videos, visit our video library