If the number of employed people is 150 million, the number of unemployed people is 50 million, and the working-age population equals 285 million people, the labor force participation rate is
A) 70.2 percent.
B) 81 percent.
C) 17.5 percent.
D) 25 percent.
E) 52.6 percent.
A
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If the quantity of nail polish supplied is represented by the equation QS = -3 + 2P then the corresponding price of nail polish is represented by the equation
A) P = 1.5 - 0.5QS. B) P = 2QS - 6. C) P = 2QS + 6. D) P = 0.5QS + 1.5.
Why is it impossible to make everyone better off in the long run by imposing import restrictions?
What will be an ideal response?
When money is used to compare the costs of different goods and services, it is functioning as
a. a unit of account b. a means of payment c. fiat money d. a store of wealth e. legal tender
With respect to timely delivery, how do you achieve a dependability capability?
a. Remove process variability b. Use control with functionality c. Understand business terms that may not be well defined d. Promise longer than needed lead times e. All of the above