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Author Question: One of the most important factors in determining the natural rate of unemployment is demographic ... (Read 71 times)

dollx

  • Hero Member
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  • Posts: 558
on: Jun 30, 2018
One of the most important factors in determining the natural rate of unemployment is demographic change, such as a change in the age of the labor force.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The Shoe Emporium reduces the price of its shoes by 50 and finds that the quantity demanded for its shoes increases more than 80. The demand for shoes from The Shoe Emporium appears to be:
 a. inelastic.
 b. elastic.
 c. unit elastic.
 d. unit inelastic.


stano32

  • Sr. Member
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  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


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