Individuals who suffer from unemployment spells lasting more than six months are ________
A) chronically unemployed
B) frictionally unemployed
C) discouraged workers
D) no longer counted as part of the labor force
A
Economics
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A good is said to have a relatively elastic demand if the value of price elasticity is:
A) equal to 0. B) between 0 and 0.5. C) between 0.5 and 1. D) greater than 1.
Economics
The flatter the demand curve that passes through a given point, the more elastic the demand
a. True b. False Indicate whether the statement is true or false
Economics