For which of the following products is demand likely to be least elastic with respect to price?

It is common to see convenience stores open 24 hours a day even though many times late at night or in the early hours of the morning there are very few customers. What can explain this seemingly odd behavior?

What will be an ideal response?

When unemployment is below its natural rate, the inflation rate will eventually

A) move to its natural rate. B) decrease. C) become equal to the natural rate of unemployment. D) increase.