The labor force includes
A. All persons over the age 21 who are either working for pay or actively seeking paid employment.
B. All persons over the age 21 who are working for pay.
C. All persons over the age 16 who are either working for pay or actively seeking paid employment.
D. All persons over the age 16 who are working for pay.
Answer: C
You might also like to view...
Suppose the CPI for this year is 133.7. This number means that
A) on average, goods cost $133.70 each this year. B) prices rose 33.7 percent over the last year. C) prices rose 133.7 percent over the base year. D) prices rose 33.7 percent over the base year. E) prices rose 133.7 percent over the last year.
Economist A.W. Phillips found a negative correlation between
a. output and unemployment. b. unemployment and the interest rate. c. output and the interest rate. d. wage inflation and unemployment.
A forward exchange market contract obligates the owner to make a trade at a specified exchange rate a fixed number of days in the future
Indicate whether the statement is true or false
The terms of trade refers to
A) the rules and regulations that countries must adhere to when trading. B) the ratio at which a country can trade its exports for imports from other countries. C) the role of the government in overseeing international trade. D) a legal document that specifies the trade quantities agreed to by two countries.