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Author Question: Recessions and expansions affect most strongly which type of unemployment? A) frictional ... (Read 105 times)

haleyc112

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on: Jun 29, 2018
Recessions and expansions affect most strongly which type of unemployment?
 
  A) frictional unemployment
  B) structural unemployment
  C) cyclical unemployment
  D) seasonal unemployment

Question 2

A decrease in the supply of sugar increases the price of sugar from 1.00 a packet to 1.25 a packet. The quantity decreases from 100 packets a day to 80 packets a day. The price elasticity of demand of sugar is ________.
 
  A) 0.75
  B) 0.5
  C) 1.0
  D) 1.25


katieost

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

C

Answer to Question 2

C


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