A member of the labor force is defined as someone who is _______ .

a.already employed or actively seeking work.
b.who is above the age of 16.
c.who is employed.
d.who is employed on a part-time basis.
e.already employed on a full-time basis.


already employed or actively seeking work.

Economics

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According to the figure shown, if Nike charges a high price, then Adidas should:



A. charge a high price.
B. charge a low price.
C. leave the market.
D. give an ultimatum.

Economics

The quantity of a good demanded tends to increase as its price falls because: a. a decrease in price shifts the demand curve to the right

b. a decrease in price shifts the demand curve to the left. c. a decrease in price shifts the supply curve to the right. d. a decrease in price leads consumers to substitute toward this now relatively cheaper product.

Economics

The __________ of the mentally ill over the last two and a half decades, without the promised halfway houses to treat and shelter them has added to the ________________.

Fill in the blank(s) with the appropriate word(s).

Economics

The Great Depression lead many to question the economy’s ability to self-correct.

Answer the following statement true (T) or false (F)

Economics