Author Question: Cyclical unemployment ________ during expansions and ________ during recessions. A) increases; ... (Read 114 times)

kellyjaisingh

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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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Answer to Question 1

C

Answer to Question 2

B



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