Jasmine has recently moved to Florida because she loves the warm climate there. Being new to the area, she will need to spend a few weeks looking for a new job. This is an example of:

a) frictional unemployment.
b) cyclical unemployment.
c) structural unemployment.
d) underemployment.

Answer: a) frictional unemployment.

Economics

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In the figure above, using the midpoint method, what is the price elasticity of demand when the price falls from $8 to $7?

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What is the net present value of the investment?

a. $115.85 b. $1055.59 c. $1076.56 d. $346.78

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