The working-age population of people over the age of 16 can be divided into two groups, people
A) in the labor force and people looking for work.
B) with a job and people actively seeking a job.
C) looking for work and those in the U.S. Armed Forces.
D) in the labor force and people with a job.
E) in the labor force and people who are not in the labor force.
E
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The price of a California orange is $2.00 and the price of a Florida orange is $1.00. If the price of California oranges goes down by one cent and the quantity demanded of Florida oranges goes up by one thousand, then
a. the cross elasticity is 0.4. b. these goods are substitutes. c. the price elasticity of demand for California oranges is 0.4. d. these goods are complements.
Consumers will switch to another good when ______ drops too low.
a. consumer choice b. the economy c. marginal utility d. total utility
What questions should an employee ask before accepting options as part of or instead of a salary?
What will be an ideal response?
To build a business for the future requires the ability to think in abstract terms and to see "the big picture" to keep everyone on track toward fulfilling it. This best describes which of the following management skills?
A. Technical skills B. Communication skills C. Interpersonal skills D. Analytic skills E. Conceptual skills