The labor force is defined as the

A) number of people over 16 years of age.
B) number of people who are working.
C) sum of employed and unemployed people.
D) number of people in blue-collar jobs.

C

Economics

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Refer to Table 2-14. What is Ireland's opportunity cost of producing one motorcycle?

A) 0.2 guitar B) 5 guitars C) 8 guitars D) 32 guitars

Economics

Men and women in a particular industry are equally qualified. If one employer has a preference for male employees, then in the long run

a. men will receive higher wages b. women will receive higher wages c. there will be no wage differential between men and women d. comparable worth laws would create wage differentials between men and women e. the demand for male employees will decrease

Economics