The unemployment rate is the
A. ratio of unemployed to employed workers.
B. number of employed workers minus the number of workers who are not in the labor force.
C. percentage of the civilian labor force which is out of work.
D. percentage of the total population which is out of work.
C. percentage of the civilian labor force which is out of work.
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A rapid increase in the price of oil will tend to
A) shift long-run aggregate supply to the left. B) shift aggregate demand to the right. C) shift long-run aggregate supply to the right. D) shift short-run aggregate supply to the left.
Explain the law of demand. What does it imply about the shape of the demand curve?
What will be an ideal response?
According to a recent survey, in 2016, the number of U.S. households that owned equities was about
A. 3 percent. B. 27 percent. C. 50 percent. D. 65 percent.
The most liquid measure of money supply is
A) M0. B) M1. C) M2. D) M3.