The current account reflects
a. trade in tangible products
b. trade in goods as well as services
c. trade in services only
d. the purchase of securities from foreigners
e. the sale of securities to foreigners
B
Economics
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The unemployment rate is calculated as
A) [(labor force) ÷ (population)] × 100. B) [(unemployment) ÷ (population)] × 100. C) [(unemployment) ÷ (labor force)] × 100. D) [(labor force) ÷ (unemployment)] × 100.
Economics
If a firm sets marginal revenue equal to marginal cost, it will make an economic profit
Indicate whether the statement is true or false
Economics