How many people are unemployed if the employment ratio is 75%, there are 90 million people employed, and there are 20 million people not in the labor force?
A) 20 million
B) 10 million
C) 5 million
D) 0 million
B
Economics
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Refer to the scenario above. The seller will earn a revenue of ________
A) $100 B) $300 C) $200 D) $400
Economics
The supply curve of labor is less elastic in the long run compared to the short run
Indicate whether the statement is true or false
Economics
In 2003, Japan restricted imports of beef from the United States because of fear of mad cow disease. This is an example of
a. an anti dumping measure. b. protecting an infant industry. c. a voluntary restraint measure. d. a technical barrier.
Economics
Which of the following is NOT an issues in the reduction of trade protection in agriculture?
A) consumption subsidies. B) tariffs and quotas. C) export subsidies. D) production subsidies.
Economics