In August 2018, the U.S. unemployment rate was 3.9% and the civilian labor force was estimated to be 161,776,000. About how many unemployed workers were there in the United States?

a. 63.1 million
b. 41.5 million
c. 6.3 million
d. 3.9 million


c. 6.3 million

Economics

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If you wanted to investigate whether a country was successfully developing, what information would you look for? What qualifications might you have to make to the data you have put together?

What will be an ideal response?

Economics

In the late 1800s and early 1900s, the primary source of energy for manufacturing was

a. coal. b. petroleum. c. water. d. electricity.

Economics

In the prisoner's dilemma,

a. the prisoners easily collude in order to achieve the best possible payoff for both b. only one player has a dominant strategy c. each player has a dominant strategy d. playing the dominant strategy leads to a better payoff for one prisoner than if the two jointly selected a strategy e. playing the dominant strategy leads to a better payoff for both prisoners than if the two jointly selected a strategy

Economics

In a duopoly situation, the logic of self-interest results in a total output level that

a. equals the output level that would prevail in a competitive market. b. equals the output level that would prevail in a monopoly. c. exceeds the monopoly level of output, but falls short of the competitive level of output. d. falls short of the monopoly level of output.

Economics