Given the following information, how many people are in the labor force? 4 million people are collecting unemployment insurance; 8 million people are officially unemployed; 3 million people are discouraged workers; and 115 million people are employed.
What will be an ideal response?
123 million
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The economy pictured in the figure has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________. 
A. recessionary; A B. recessionary; C C. recessionary; B D. expansionary; A
Which question is an example of a microeconomic question?
A. What should the federal government do to reduce the trade deficit with Japan? B. What factors are contributing to the steep rise in the federal government's total debt? C. Will the merger of two airlines likely lead to higher cost of air travel in the economy? D. Will the inflation rate remain relatively stable this year?
Describe the changes in the variables that will cause supply for a product to increase, shifting the supply curve down and to the right
What will be an ideal response?
How do capital markets fit the general tendency toward ‘globalization'?
What will be an ideal response?