In economics, an organization that produces a good or service is called a

If the numbers of employed and unemployed do not change but the size of the civilian population increases by 15%, what would be the effect?

a. no change in the unemployment rate and a decrease in the labor force participation rate b. an increase in the unemployment rate and a decrease in the labor force participation rate c. an increase in the unemployment rate and no change in the labor force participation rate d. an increase in the unemployment rate and an increase in the labor force participation rate

Which of the following statements about the Social Security (OASDI) program is FALSE?

A. When an insured worker dies, benefits continue for widows or other dependents. B. Benefits are based on need. C. Benefits are an intergenerational transfer program from those who work to those who don't work. D. Benefits are paid to individuals who would be financially secure in their absence.