The idea that people will substitute cheaper commodities for more expensive commodities is called

Which of the following topics is NOT a primary concern of macroeconomists?

A) fluctuations in the level of economic activity B) differences in standards of living across countries C) relative wages of skilled and unskilled workers D) unemployment

Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy

She looked for work for six months and gave up because she was convinced that she could not find a suitable job to fit her skill set. In this instance she would be counted as a A) job leaver. B) reentrant. C) discouraged worker. D) labor force participant.