Table 6.3: Population and Labor Force Year 1Year 5Working Age Population200 million250 millionLabor Force110 million145 millionEmployed106 million135 millionWhat is the labor force participation rate in Year 1 in Table 6.3?
A. 55.0 percent.
B. 3.6 percent.
C. 96.4 percent.
D. 53.0 percent.
Answer: A
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Answer the following statement true (T) or false (F)
Amber has opened a coffee shop for many years on a piece of land that she has also owned. She has also made accounting profits from the coffee shop
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A. negative. B. positive. C. equal to price. D. zero.