Suppose the actual unemployment rate increases. This will cause
A) an upward shift in the WS curve.
B) a downward shift in the WS curve.
C) an upward shift in the PS curve.
D) a movement along the WS and the PS curves.
E) none of the above
D
Economics
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Wal-Mart has a limited number of "Black Friday" (the day after Thanksgiving Day) special items on sale at prices well below their typical price. Wal-Mart opens at 10 PM on Thanksgiving. Wal-Mart is using a ________ allocation method for these it
A) first-come, first-served B) market price C) contest D) majority rule E) command
Economics
What aspects of bargaining can affect market outcomes?
Economics