In 2017, which group had the highest average salaries?

If one's demand for peanut butter decreases as income rises, the income elasticity of demand for the product is

A) elastic. B) inelastic. C) unit elastic. D) negative.

Evidence indicates that the typical person who becomes unemployed will

a. soon find a job. b. find a job but not before a year or more has gone by. c. leave the labor force and never return. d. retire soon after