In 2011, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 138.84 million were employed, 13.69 million were unemployed, and 86.98 million were not in the labor force. The adult population is how many million? Enter a number rounded to two decimal places.
Answer: 1384.84 mil + 13.69 mil + 86.98 mil = 239.51 mil
Economics
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A decrease in the price level, holding the nominal money supply constant, will shift the LM curve
a. upward and to the right. b. downward and to the left. c. downward and to the right. d. upward and to the left.
Economics
An increase in the interest rate would reduce the present value of a property
Indicate whether the statement is true or false
Economics
“Pure monopoly guarantees economic profits.” Discuss whether this is a valid statement
What will be an ideal response?
Economics
Refer to the information provided in Figure 8.3 below to answer the question(s) that follow. 
Figure 8.3
Refer to Figure 8.3. The marginal cost of the ninth basketball is
A. less than $2. B. $2. C. $3. D. greater than $3.
Economics