Evan and Colby are having a discussion about goods and services. Evan says services can be touched, but goods cannot be touched.
Colby says goods can be touched, but services cannot be touched.
Colby made the correct statement.
True or false?

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.