A. inelastic; increase
B. elastic; increase
C. elastic, decrease
D. none of the above
A. Structural unemployment
B. Cyclical Unemployment
C. Frictional Unemployment
D. None of these answers
E. Sectoral Unemployment
A. is liner (a straight line)
B. could be any of these answers
C. becomes steeper as the quantity of output increases
D. become flatter as the quantity of output increases.
A. stable
B. predictable
C. volatile
D. depreciating
A. pass through
B. absorption
C. adjustment mechanism
D. currency contract period
A. total wage income in the world
B. wage disparities
C. business or capitalist income in the world
D. the productivity of labor
A. resources and efficiency
B. money and efficiency
C. money and luck
D. resources and a good climate