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Author Question: One problem with the unemployment rate is that: a. discouraged workers are included in the ... (Read 86 times)

crobinson2013

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on: Jun 30, 2018
One problem with the unemployment rate is that:
 a. discouraged workers are included in the calculation.
  b. the data includes part-time workers as fully employed.
  c. underemployment is measured in the calculation.
  d. all of these are problems.

Question 2

Which of the following is true about the demand curve for a monopolistically competitive firm?
 a. It is less elastic (steeper) than for monopoly, but more elastic (flatter) than for a perfectly competitive firm.
  b. It is less elastic (steeper) than the demand curve for either a monopoly firm or a perfectly competitive firm.
  c. It is more elastic (flatter) than the demand curves for either a monopoly firm or a perfectly competitive firm.
  d. It is less elastic (steeper) than for a perfectly competitive firm, but more elastic (flatter) than for a monopoly firm.


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xiazhe

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

b

Answer to Question 2

d


crobinson2013

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Reply 2 on: Jun 30, 2018
Wow, this really help

bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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