The unemployment rate in an economy is 7.5 percent. The total population of the economy is 250 million and the size of the civilian labor force is 180 million. The number of employed workers in this economy is:

A.  13.5 million
B.  15.7 million
C.  166.5 million
D.  174.6 million


C.  166.5 million

Economics

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Which of the following best defines the specialization of resources?

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Economics

When people like yourself take extra (unbudgeted) money along on an extended trip, economists classify this money as satisfying your

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Economics

Former Fed Chairman Alan Greenspan has argued that low ___________ interest rates, not ______________ interest rates, were the cause of the housing boom in the late 1990s and early 2000s. He also argued that the Fed has more control over _______________ rates than over ____________ rates

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Economics