In a country that has a population of 4 million people, the participation rate is 70% and the unemployment rate is 12%. The number of persons unemployed is:
(a) 2.8 million.
(b) 1.8 million.
(c) 236,000.
(d) 336,000.
Answer: (d) 336,000
You might also like to view...
Cost-effectiveness considerations are more formally integrated into health policy making in
a. the UK b. Australia c. Europe d. Canada e. b, c, and d are correct
Suppose the U.S. dollar appreciates in value against the Australian dollar, and the Fed intervenes in the foreign exchange market by using U.S. dollars to buy Australian dollars. The Fed could sterilize the expansionary effect of this intervention by:
a. buying U.S. dollars in the foreign exchange market. b. buying U.S. government bonds in the domestic open market. c. selling Australian dollars in the foreign exchange market. d. selling U.S. government bonds in the domestic open market. e. buying Australian dollars in the foreign exchange market.
We can measure the profits earned by a firm in a competitive industry as
a. (P - ATC) × Q.
b. (P - MC) × Q.
c. MR × MC.
d. (MC - ATC) × Q.
A corporation in which stock is sold to anyone who has the means to buy it
What will be an ideal response?