Suppose the civilian non-institutional population equals 250,000; there are 132,500 employed persons and 10,000 unemployed persons. How many persons are not in the labor force?
A) 122,500
B) 77,500
C) 63,500
D) 107,500
D
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From the Monetarist perspective, an autonomous downward shift in investment will
A) shift the aggregate demand curve to the left. B) shift the aggregate demand curve to the right. C) have little effect on the aggregate demand curve. D) cause a downward shift in the consumption function.
When the process of entry and exit has ended in a competitive market, are firms' profits positive, negative, or zero?
The worst recession since World War II started in which year?
A. 1957 B. 1973 C. 1981 D. 2007
On a linear demand curve, demand is ________ at small quantities than it is at the middle of the demand curve.
A. more elastic B. less elastic C. equally elastic D. There is insufficient information in the question.