Please provide accurate and correct answers to both questions without explanation. Thank you for your assistance. InflationBUnemploymentAt point A, what does the economy represents:a) There is a decline in economic growth.b) Full employment in the economyc) Inflation tends to be declining.d) Because of the worker surplus, wages can be decreased. What can be determined by the slope of the curve. The relationship between the relative price ofcigars to soyabean (Pc / Ps) and the wage-rental ratio (w/r) is depicted by the SS labelled curve.Relative price of cigars, Pc/PsSSWage-rental ratio, w/ra) Neither good is capital-intensiveb) Both are labor-intensive.c) Both are capital-intensive.d) Cigars are labor-intensive while soyabeans are capital-intensive.

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Unemployment At point A, what does the economy represents: a) There is a decline in economic growth. b) Full employment in the economy c) Inflation tends to be declining.

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Chapter1: Making Economics Decisions

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Question

Please provide accurate and correct answers to both questions without explanation. Thank you for your assistance.

Inflation
B
Unemployment
At point A, what does the economy represents:
a) There is a decline in economic growth.
b) Full employment in the economy
c) Inflation tends to be declining.
d) Because of the worker surplus, wages can be decreased.

What can be determined by the slope of the curve. The relationship between the relative price of
cigars to soyabean (Pc / Ps) and the wage-rental ratio (w/r) is depicted by the SS labelled curve.
Relative price of cigars, Pc/Ps
SS
Wage-rental ratio, w/r
a) Neither good is capital-intensive
b) Both are labor-intensive.
c) Both are capital-intensive.
d) Cigars are labor-intensive while soyabeans are capital-intensive.

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