Which of the Following Events Would Increase the Supply of Tomatoes

question 34

Multiple Choice

Which of the following events would increase the supply of tomatoes?

• A)the introduction of mechanized tomato pickers, which raises the cost of production
• B)an increase in wages for the tomato pickers
• C)a decrease in the cost of fertilizer for the tomato plants
• D)unseasonably hot, dry weather in the tomato-growing regions of the nation
• E)a decrease in the price of pasta products

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Definitions:

U-1 Measure

A specific metric used to evaluate the unemployment rate, focusing on people who have been unemployed for 15 weeks or longer.

U-6 Measure

An unemployment rate that includes not only those who are unemployed and seeking employment but also those who are underemployed and the marginally attached to the labor force.

Spells Of Unemployment

Spells of unemployment refer to periods during which an individual is out of work and actively seeking employment.

U-5 Measure

An alternative unemployment rate that counts not only unemployed individuals actively seeking work but also those who are marginally attached to the labor force plus those working part-time for economic reasons.