The labor force participation rate is percentage of the ________ who are in the labor force
A) people under age 65
B) working-age population
C) people over age 16
D) population
B
You might also like to view...
If Rory McIlroy only earned $500 per hour playing golf instead of $1,000 per hour, what should he do?
A) He should be indifferent as to who does the weed-whacking, for the difference in hourly earnings would now be insignificant. B) He should hire a less-productive gardener. C) He should do the weed-whacking himself. D) He should still hire the gardener.
It is easier to avoid state and local taxes than federal taxes.
A. True B. False C. Uncertain
Which of the following most accurately reflects the opportunity cost to a pharmacist who drives a taxi?
What will be an ideal response?
Keynesian economists (as opposed to monetarist economists) argue that
A. the economy will quickly return to equilibrium via natural forces. B. the government should use macro policy to keep the economy from getting too far from full employment equilibrium. C. monetary policy should be used according to strict rules. D. Keynesian economists argue all of these statements.