Wheat Is Used to Produce Cereal

question 64

Multiple Choice

Wheat is used to produce cereal.When the price of wheat falls,the

• A) demand for wheat increases.
• B) supply of wheat decreases.
• C) supply of cereal increases.
• D) demand for cereal increases.
• E) demand for cereal decreases.

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Definitions:

Unemployment Insurance

A government program that provides financial assistance to individuals who are unemployed through no fault of their own, to help them meet their basic needs while seeking new employment.

Labor Force

The total number of people within a specific population who are actively employed or seeking employment.

Unemployment Rate

The rate of active job seekers in the labor force without current employment.

Unemployment Benefits

Financial payments made by the state or other authorized bodies to unemployed people.