The employment rate is measured as the percentage of the
A. Total population that is employed.
B. Workforce that is employed.
C. Nonmilitary population that is employed.
D. Adult population that is employed.
Answer: D
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What happens to the maximum amount of "all other goods" that this person can buy if instead he receives the $100 in food coupons? What's the maximum amount of food he can buy under this plan?
What will be an ideal response?
Vertical equity refers to the notion that individuals at all levels should be taxed equally.
Answer the following statement true (T) or false (F)
When the costs of an action are NOT fully borne by the two parties engaged in a transaction, this is called a(n)
A) externality. B) opportunity cost. C) property right. D) internal cost.
If the quantity of money demanded exceeds the quantity supplied:
A. the supply-of-money curve will shift to the left. B. the demand-for-money curve will shift to the right. C. the interest rate will rise. D. the interest rate will fall.