Refer to Exhibit 6-2. The labor force participation rate in year 3 is
a. 12 1/2 percent.
b. 70 percent.
c. 80 percent.
d. 30 percent.
e. 50 percent.
Ans: e. 50 percent.
You might also like to view...
The aggregate demand curve will shift to the right ________ the initial decrease in taxes
A) by less than B) by more than C) by the same amount as D) sometimes by more than and other times by less than
A policy to do nothing and allow the economy to self-correct or adjust without interference from the federal government is also called a(n) _______________ policy:
a. nonintervention b. active c. stabilization d. fixed rule
An increase in demand for housing will reduce the availability of land for cultivation
a. True b. False Indicate whether the statement is true or false
An insurance policy is a contract that:
a. benefits the parties if they have the same degrees of risk aversion. b. benefits the parties if both of them are risk neutral. c. benefits the parties if they have different degrees of risk aversion. d. benefits the parties if either of them is risk neutral.