The unemployment rate never falls all the way to zero. What percentage does it never seem to get below and stays that low only for very short periods?

Logrolling refers to attempts by individuals to use government action to make themselves better off at the expense of others

Indicate whether the statement is true or false

If the quantity demanded increases by 20 percent in response to a 10 percent decrease in price, demand is classified as:

a. unstable. b. relatively inelastic. c. relatively elastic. d. of unitary elasticity.