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An increase in the price of a product will reduce the amount of it purchased because?
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The reason that would cause movement along demand curve is 1) income of the buyers. 2) availability of close substitutes. 3) a change in the price of the good itself. 4) non of the above
If unemployment rate is 5.5% and underemployed, unemployed and discouraged workers is 8.4%. What is % of underemployed and discouraged. Is it as easy as just 8.4-5.5?
What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?
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