As the workforce ages,
A) structural and frictional unemployment increase.
B) cyclical unemployment declines.
C) cyclical unemployment increases.
D) the natural rate of unemployment declines.
D
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Use the following graph to answer the next question.
Which line in the graph above would best illustrate the asset demand for money curve?
A. Line 1 B. Line 2 C. Line 3 D. Line 4
Suppose the population (age 16 and over) of Angola is 100 million; 5 million are unemployed, and 70 million hold jobs. The labor force participation rate in Angola is
a. 5 percent. b. 65 percent. c. 70 percent. d. 75 percent.
Consider the accompanying figure representing the labor market below.
In the absence of any government intervention, the equilibrium wage is ________ per hour, and the equilibrium employment level is ________ workers per hour.
A. $4; 200 B. $12; 200 C. $8; 400 D. $12; 600
Use the graph below to identify: (a) break-even points; (b) the profit-maximizing level of output; and, (c) letters showing largest difference between total revenue and total costs and the output level
What will be an ideal response?