The unemployment rate tells us:
A. the number of people who really don't want to work.
B. why the unemployed can't find work.
C. what percentage of the labor force wants to work and can't find a job.
D. who is currently unemployed.
Answer: C
You might also like to view...
How much do outputs increase when labor and capital increase from 1 to 2 units for the following production function , q = 10L0.5K0.3?
A) 7.4 units. B) 7 units. C) 8 units. D) None of the above.
The interest rate at which depository institutions borrow reserves from the Federal Reserve is known as the
a. prime rate. b. federal funds rate. c. discount rate. d. T-bill rate.
Assume that two firms (Firm A and Firm B) are very similar in all respects, but Firm A's stock has a higher rate of return than Firm B's stock. Arbitrage will occur as investors:
A. Sell Firm A's stock and buy Firm B's stock B. Buy Firm A's stock and buy Firm B's stock also C. Sell Firm A's stock and sell Firm B's stock also D. Buy Firm A's stock and sell Firm B's stock
How much is induced consumption at a disposable income of 4000?
