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Author Question: If the population increases, then potential GDP ________ and employment ________. A) increases; ... (Read 53 times)

haleyc112

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on: Jun 29, 2018
If the population increases, then potential GDP ________ and employment ________.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases

Question 2

If the price of a movie ticket increases by 4 percent and the quantity of movies demanded falls by 2 percent, the price elasticity of demand is
 
  A) 2.0.
  B) 4.0.
  C) 0.5.
  D) some amount that cannot be determined without more information.


nickk12214

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

A

Answer to Question 2

C


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