Use the Table Below to Answer the Following Questions

question 48

Multiple Choice

Use the table below to answer the following questions.
Table 1A.4.2

-Given the data in Table 1A.4.2, suppose family income decreases from $400 to $300 per week.Then the graph relating the price of strawberries, measured on the y- axis and the number of boxes of strawberries purchased, measured on the x- axis will

• A)become negatively sloped.
• B)shift rightward.
• C)no longer exist.
• D)shift leftward.
• E)become positively sloped.

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Definitions:

Unemployment Rate

The fraction of the labor force that lacks employment but is keenly searching for a position.

Labor Underutilization

A situation where a workforce does not utilize its full potential, often reflected in high unemployment, underemployment, and discouraged workers.

Marginally Attached Workers

Individuals who are not in the labor force, desire and are available for work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Part-Time Employed

Individuals who are employed in work situations where the number of hours worked is less than the standard full-time hours.