For economic purposes in the United States, the working-age population does not include:
A. anyone in the military.
B. someone who is 16 and does not want to work.
C. someone who is 65.
D. anyone without a driver’s license.
A. anyone in the military.
Economics
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Another term for "don't put all your eggs in one basket" is
A) moral hazard. B) indirect finance. C) asymmetric information. D) portfolio diversification.
Economics
A fiduciary monetary system means
A) that the value of each currency is determined by the amount of gold held by each nation. B) that the currency is backed by implicit faith in government. C) that money is legal tender. D) that money has commodity value.
Economics