Compared to regular grocery stores, convenience stores have
a. higher prices and a more limited selection of goods
b. higher prices and a greater selection of goods
c. lower prices and a more limited selection of goods
d. lower prices and a greater selection of goods
e. equal prices and an equal selection of goods
A
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Other things the same, when the government spends more, the initial effect is that
a. aggregate demand shifts right. b. aggregate demand shifts left. c. aggregate supply shifts right. d. aggregate supply shifts left.
Underemployment is defined as
A. People seeking full-time paid employment but work only part-time or are employed at jobs below their capability. B. Individuals desiring to work but who are discouraged by the process and have given up looking. C. Individuals who are lazy and will not go out looking for a job but say they are looking. D. People who have been laid off because of a recession and have little chance of finding a job.