The unemployment rate equals the number of unemployed divided by the ________, all times 100
A) labor force B) total population
C) number of employed D) working-age population
A
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Which of the following fiscal programs is least likely to increase aggregate demand?
What will be an ideal response?
Refer to the graphs shown. The arrow that best captures the impact of a decline in price on quantity supplied is:
A. W. B. X. C. Y. D. Z.
Which of the following statements is true?
A. Every game has a dominant strategy. B. People never choose the strategies that result in Nash equilibrium. C. Not every game has a dominant strategy. D. Every game has multiple Nash equilibria.
A demand curve that is horizontal indicates that the commodity
A) has few substitutes. B) must be very cheap. C) is a necessity. D) has a large number of substitutes.