The labor force equals the number of people
A) in the working-age population. B) employed.
C) unemployed. D) employed plus unemployed.
D
Economics
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Which of the following would be counted in 2013's GDP?
A) the value of a bond sold by the federal government B) the value of a loan you take in 2013 C) the value of a TV that was produced in 2012 but not sold until 2013 D) the bonus check a stockbroker gets from his/her company in 2013
Economics
Consider a downward-sloping demand curve. When the price of a normal good decreases, the income and substitution effects
A) work in the same direction to increase quantity demanded. B) work in the same direction to decrease quantity demanded. C) work in opposite directions and quantity demanded increases. D) work in opposite directions and quantity demanded decreases.
Economics