In the elastic portion of the supply, small changes in prices lead to ________ changes in quantity, while in the inelastic portion of the supply curve, small changes in prices lead to ________ changes in quantity
A) small; small
B) large; large
C) small; large
D) large; small
D
Economics
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The index of intra-industry trade is calculated as:
a. the minimum of imports and exports divided by the average of imports and exports. b. the maximum of imports and exports divided by the sum of imports and exports. c. imports divided by exports. d. imports plus exports divided by the average of imports and exports.
Economics
Why is the line between frictional and structural unemployment sometimes hard to draw?
What will be an ideal response?
Economics