Some Industries That Have Rigid Prices

question 24

Multiple Choice

Some industries that have rigid prices.In those industries,we tend to

• A)find that output is also rigid over the business cycle
• B)find that output varies greatly over the business cycle
• C)find the employment in these industries is quite stable over the business cycle
• D)find that the rate of return is negative in boom times
• E)all of the above.

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Definitions:

Cervical

Relating to the cervix of the uterus or relating to the neck region of the body.

Vertebral Column

The backbone or spine, consisting of a series of vertebrae that extend from the skull to the tailbone, providing structural support and protection for the spinal cord.

Jugular Foramen

A large opening in the skull that allows passage of the jugular vein and several nerves, located between the temporal and occipital bones.

Skull Canal

An anatomical passage or opening in the skull bone through which nerves or vessels pass.