If the adult population in the United States was 225 million people and 150 million of those people were in the labor force, the labor force participation rate would be
A. 40 percent.
B. 33 percent.
C. 67 percent.
D. 150 percent.
Answer: C
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The overall money supply would tend to increase if the Fed were to
A) increase the required reserve ratio. B) increase the discount rate. C) buy government bonds. D) exchange crisp dollar bills for worn and tattered dollar bills.
In the above figure, if the price is $4 per unit, how many units will a profit maximizing perfectly competitive firm produce?
A) 0 B) 5 C) 20 D) 30
Hardware stores charge higher prices for snow shovels after a big snowstorm. What role do prices play in the snow shovel market?
What will be an ideal response?
The difference between national income and disposable income is
A. residential investment. B. federal deficits. C. net exports. D. financial investment. E. the amount of taxes collected.