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Author Question: Cyclical unemployment ________ during expansions and ________ during recessions. A) increases; ... (Read 98 times)

kellyjaisingh

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on: Jun 29, 2018
Cyclical unemployment ________ during expansions and ________ during recessions.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases

Question 2

A fall in the price of cabbage from 10.50 to 9.50 per bushel increases the quantity demanded from 18,800 to 21,200 bushels. The price elasticity of demand is
 
  A) 0.80.
  B) 1.20.
  C) 1.25.
  D) 8.00.


CourtneyCNorton

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

C

Answer to Question 2

B


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