How many people still live on less than the equivalent of $1.25 per day (new definition of "extreme poverty")?

a. 100 million.
b. 500 million.
c. 1.4 billion.
d. 2.2 billion.

C

Economics

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Which of the following refers to business cycles?

a. Variations in the economy that are all equal in intensity b. Seasonal variations in the economy that occur every year c. Fluctuations in economic output that show a declining growth pattern over time d. Periodic but irregular variations in economic activity e. Fluctuations in the profits that businesses in an economy earn over a period of time

Economics

Which of the following people is frictionally unemployed?

A. A person who is functionally illiterate and is looking for a job in the computer industry B. A steel worker from Allentown, Pennsylvania who is still out of work three years after his plant closed C. An autoworker who is laid off until business picks up D. A homemaker returning to the labor market after a 15-year absence

Economics