The decision to consume more of one product under normal circumstances will apply
Less of another product will be consumed
More of another product will be consumed
Less of the product will be consumed
No other products will be consumed
Correct answer is A
Getting more of one commodity allows a consumer to demand less of the other product. The demand for substitute products shows a negative correlation. That is, consumption of one product reduces or replaces the need for the other.
Indicator of underdevelopment is
High life expectancy
Low birth rate
Low population growth rate
Low per capita income
Correct answer is D
The indicators of underdevelopment include: high birth rates, high infant mortality, low per capita GDP, high levels of illiteracy, and low life expectancy.
Part-time workers who desire full-time employment are:
Underemployed and contribute to the unemployment statistic
Underemployed but do not contribute to the unemployment statistic
Not part of the labour force and do not contribute to the unemployment statistic
Cyclical unemployment
Correct answer is B
Underemployment includes three groups of people which are: Unemployment workers, Involuntary part-time workers and marginally attached workers. There is currently no data that track this form of unemployment.