Suppose the adult population of a country is 100 million. Of these adults, 70 million are employed and 15 million are unemployed. The labor force of this country is _____
a. 170 million
b. 115 million
c. 85 million
d. 30 million
c
Economics
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According to your textbook, globalization
A) does not necessarily destroy local identity. B) makes economic systems work perfectly. C) eventually turns all economic losses into profits. D) makes "outsourcing" impossible to achieve.
Economics
Are all efficient outcomes also equitable? Explain
What will be an ideal response?
Economics
You should invest if a new project if
A) the NPV is equal to 1. B) the NPV is positive. C) the NPV is equal to the discount rate. D) none of these choices.
Economics
Which of the following happens as a result of a decrease in income? a. The budget line becomes steeper. b. The budget line shifts inward. c. The budget line shifts outward
d. The budget line becomes flatter.
Economics