Social indifference curves are the same as a Social Welfare Function.

The town of Marble Falls has 10 workers, of which 8 were employed and 2 were actively seeking work. After many months of seeking work, one of the unemployed workers became discouraged and stopped looking for work six weeks ago

The unemployment rate in Marble Falls is now A) 10%. B) 11.1%. C) 12.5%. D) 20%.

If the cross-price elasticity of demand for goods A and B is zero, this means the two goods are unrelated

Indicate whether the statement is true or false