If You Were Told That Someone You Knew Nothing Else

question 203

Multiple Choice

If you were told that someone you knew nothing else about had just become unemployed, your best guess would be

• A)that they would be unemployed for a long time, and that most of the unemployed they've joined have been unemployed for a long time.
• B)that they would be unemployed for a long time, even though most of the unemployed they've joined have been unemployed for a short time.
• C)that they would be unemployed for a short time, even though most of the unemployed they've joined have been unemployed for a long time.
• D)that they will be unemployed for a short time, and that most of the unemployed they've joined have been unemployed for a short time.

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Definitions:

Lie

The act of communicating something that is not true, often with the intent to deceive.

Supply

The total amount of a product or service available for purchase at any given time and price in a market.

Prices

The amount of money expected, required, or given in payment for something.

Consumers

Individuals or groups who purchase goods and services for personal use.