If two goods are considered complements and the price of one decreases then the other good's
A. supply curve will shift to the left.
B. supply curve will shift to the right.
C. demand curve will shift to the left.
D. demand curve will shift to the right.
Answer: D
Economics
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A relative price is the product of two money prices
Indicate whether the statement is true or false
Economics
Mike has just been laid off from his construction job because consumers are not purchasing new homes because of the recession. Mike would be considered to be part of
A) structural unemployment. B) cyclical unemployment. C) seasonal unemployment. D) frictional unemployment.
Economics