Use the table below to answer the following question:PriceQuantity Supplied$101089684726Over the $6 to $4 price range, supply is
A. inelastic.
B. nonresponsive.
C. elastic.
D. unit-elastic.
Answer: A
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The natural rate of unemployment is comprised of
A) frictional and cyclical unemployment. B) frictional and structural unemployment. C) cyclical and structural unemployment. D) frictional, cyclical, and structural unemployment.
Ceteris paribus, if the market supply of a product increases, then equilibrium quantity will (be) ____ and equilibrium price will (be) ____
a. increase; decrease b. decrease; increase c. increase; increase d. decrease; indeterminate
Political instability is a deterrent to long-term private investment
a. True b. False Indicate whether the statement is true or false
An area in which the United States has had a sizable surplus in its balance of payments is sales of ____ to foreigners
a. goods b. energy c. assets d. automobiles