The labor force is defined as the number of people who

A) are employed plus the number of people who are unemployed.
B) are available and looking for work but are unable to find employment.
C) would like to have a job but have stopped seeking work.
D) would like to have a full-time job but are working part time.
E) are employed minus the number of people who are unemployed.


A

Economics

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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 

A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C

Economics

A monopolist faces

A) a downward-sloping demand curve. B) a horizontal demand curve. C) a perfectly elastic demand curve. D) a perfectly inelastic demand curve.

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In 2012, the House of Representatives voted to have what type of audit of the Fed?

A) auditing of financial statements B) auditing lending policy that took place during the financial crisis of 2007-2009 C) auditing of monetary policy decisions D) auditing of personal finances of members of the Board of Governors

Economics

Automatic stabilizers are fiscal policy measures that

A. do not require new legislation. B. must be determined by the Congress in each budget. C. are part of discretionary fiscal policy. D. are determined by the Federal Reserve System.

Economics