Refer to Figure 3-4. If the price is $10
A) there would be a surplus of 600 units. B) there would be a surplus of 200 units.
C) there would be a shortage of 200 units. D) there would be a shortage of 600 units.
D
Economics
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Unemployment that results when individuals who have voluntarily quite their jobs are seeking jobs is called
A) cyclical unemployment. B) turnover unemployment. C) mismatch unemployment. D) natural unemployment.
Economics
Suppose there is an increase in the saving rate. Explain what effect this will have on output, output per worker, the rate of growth of output, and the rate of growth of output per worker
What will be an ideal response?
Economics