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3 of 50 Cyclical unemployment occurs when 0 individuals enter the labor market and make the rounds of potential employers. 0 individuals with skills no longer valued in the domestic labor market cannot nd employment. 0 individuals give up the search for employment. O a downturn in economic activity decreases employment. 4 of 50 When looking at Say's law, which of the following is true? O The focus is on the short run. O Every sale represents income. 0 It is demand driven. 0 Supply creates its own supply. 5 of50 You buy a new Ford F150. The tires that come with the truck are O nal goods. 0 intermediate goods. 0 transfer goods. 0 nancial goods. 6 of 50 Other things remaining constant. an increase in production costs. such as higher wages paid to workers in the steel industry, will cause O the quantity of steel demanded to increase. O the quantity of steel supplied to decrease. O the supply of steel to decrease. O the demand for steel to decrease