.) If both demand and supply decrease at the same time this will cause _______ in equilibrium quantity and _____ in equilibrium price. Select one: a decrease; an uncertain change b. an uncertain change; an increase c. an increase; an uncertain change d. an uncertain change; a decrease 3.) Jon works as a carpenter part-time. That is his only job. He would prefer to have a full-time job but has been unable to find one. According to Statistics Canada, Jon is classified as: Select one: a. unemployed
.) If both demand and supply decrease at the same time this will cause _______ in equilibrium quantity and _____ in equilibrium price. Select one: a decrease; an uncertain change b. an uncertain change; an increase c. an increase; an uncertain change d. an uncertain change; a decrease 3.) Jon works as a carpenter part-time. That is his only job. He would prefer to have a full-time job but has been unable to find one. According to Statistics Canada, Jon is classified as: Select one: a. unemployed
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
2.) If both
Select one:
a decrease; an uncertain change
b. an uncertain change; an increase
c. an increase; an uncertain change
d. an uncertain change; a decrease
3.) Jon works as a carpenter part-time. That is his only job. He would prefer to have a full-time job but has been unable to find one. According to Statistics Canada, Jon is classified as:
Select one:
a.
b. employed
c. not part of the labour for
d. a discouraged worker
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