Which of the following workers is most likely to lose his/her job during a recession?
A. A barber
B. A farmer
C. A baker
D. A construction worker
Answer: D
Economics
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A society's organized way of providing for its people's needs and wants
a. command economy b. inflation c. capitalism d. economic system
Economics
The shape of the long-run industry supply curve in a perfectly competitive industry is largely determined by: a. the shape of the short-run industry supply curve. b. the price of inputs as the industry expands
c. the price elasticity of market demand. d. the shape of the average fixed cost curve.
Economics