In 2015 the Japanese adult non-institutionalized population was 110.7 million, the labor force was 66 million, and the number of people employed was 63.7 million. According to these numbers, the Japanese labor-force participation rate and unemployment rate were about
a. 57.5% and 2.1%
b. 57.5% and 3.5%
c. 59.6% and 2.1%
d. 59.6% and 3.5%
d
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When the money market is drawn with the value of money on the vertical axis, an increase in the price level causes a
a. shift to the right of the money demand curve. b. shift to the left of the money demand curve. c. movement to the left along the money demand curve. d. movement to the right along the money demand curve.
If Matt Taylor gets his $800 loan from the Paris First National Bank in cash rather than in the form of a new checkable deposit, the:
A. Paris First National Bank will get $800 in new reserves. B. Paris First National Bank will not get $800 in new reserves. C. assets of the Paris First National Bank will increase by $800. D. assets of the Paris First National Bank will decease by $88.
(Consider This) Payout rates for state lotteries:
A. are considerably lower than payout rates from casinos. B. are considerably higher than payout rates from casinos. C. are roughly equal to the payout rates from casinos. D. cannot be compared with casino payout rates because states do not typically disclose their payout rates.
Using the cost of a similar market basket of goods across countries to compare an economic variable like gross national income applies the concept of
A. private equity financing. B. the Gini Index. C. purchasing power parity. D. the Heritage Foundation Index of Economic Freedom.