Cindy recently graduated from law school. She is currently unemployed as she searches for work in Dallas, Texas. What type of unemployment is Cindy experiencing?

The graph illustrates the market for British pounds, the currency of the United Kingdom. As the number of buyers of pounds decreases and the number of sellers of pounds increases, the equilibrium price of a pound

A) will remain the same. B) will rise. C) will fall D) might rise, fall, or remain the same but more information is needed. E) will rise if the magnitude of the effect on the buyers is larger than the magnitude of the effect on the sellers.

If the demand curve for orange juice is expressed as Q = 2000 - 500p, where Q is measured in gallons and p is measured in dollars, then at the price of $3, elasticity equals

A) -0.33. B) -3. C) -9. D) -17.