If the nature of production is such that adjustments take longer, then supply is likely to be _____________

France is considering implementing policies that will reduce the duration of job search. A possible option is for France to

A) reduce unemployment benefits. B) help negotiate higher union benefits for employed workers. C) increase the minimum wage. D) require all residents between the ages of 19 and 26 to obtain a part-time or full-time job. E) Both answers A and B are correct.

Static gains from trade come about because trade causes consumers and producers to face a different set of prices

Indicate whether the statement is true or false