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Author Question: Suppose that last week 100,000 people lost their jobs or quit. We can say that A) the number of ... (Read 205 times)

jasdeep_brar

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on: Jun 30, 2018
Suppose that last week 100,000 people lost their jobs or quit. We can say that
 
  A) the number of unemployed increased by less than 100,000 people because we should not count those who quit their jobs.
  B) the 100,000 people represent a stock known as the new unemployed.
  C) the number of unemployed increased by 100,000 people.
  D) the 100,000 people represent a flow known as job departures.

Question 2

Using a production possibilities curve, economic growth is represented by
 
  A) an inward shift of the curve. B) an outward shift in the curve.
  C) a movement along the curve. D) a pivot of the curve.


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Jmfn03

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


jasdeep_brar

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kswal303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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