The labor force is defined as the number of

A) people who are working. B) union members who are working.
C) people who are working in labor-type jobs. D) employed plus the number of unemployed.


D

Economics

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If the nation's economy were always on its long-run growth path, then unemployment would be equal to

A) the natural rate of unemployment. B) frictional unemployment. C) cyclical unemployment. D) structural unemployment.

Economics

Business debt is an example of a lagging indicator

Indicate whether the statement is true or false

Economics

When white males resist to share responsibilities with members of a minority group, it is termed as:

a. employer prejudice. b. consumer prejudice c. worker prejudice. d. statistical discrimination. e. occupational segregation.

Economics

In perfect competition, innovation is a means for a firm to

a. exit the market b. establish brand loyalty c. shift the ATC and MC curves upward d. generate short-run economic profit e. shift the market supply to the left

Economics