For which of the following purchases would the absolute price elasticity of demand be greatest?

Which of the following statements is true?

A) Both efficiency wages and minimum wages increase unemployment. B) Efficiency wages increase unemployment while minimum wages help reduce unemployment. C) Both efficiency wages and minimum wages help reduce unemployment. D) Efficiency wages help reduce unemployment while minimum wages increase unemployment.

The exchange rate between the United States and Japan

A) is fixed so it does not change. B) consistently decreases over time. C) does not exist. D) consistently increases over time. E) fluctuates, sometimes rising and sometimes falling.