A federal budget deficit can simultaneously reduce inflation and unemployment

The price elasticity of demand for a commodity is determined primarily by the

a. size of the consumer surplus. b. attractiveness of the substitutes for the good. c. incomes of consumers. d. availability of complementary goods.

The individual supply curve for labor is the relationship between the wage and the quantity of labor that:

A. all workers are willing to provide. B. any given worker is willing to provide. C. all firms are willing to employ. D. any given firm is willing to employ.