In an economy with a population of 100 million persons, 44 million hold civilian jobs and 6 million are not working but are looking for jobs. The unemployment rate is
A) 6.0 percent.
B) 13.6 percent.
C) 7.3 percent.
D) 9.4 percent.
E) 12.0 percent.
E
Economics
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The largest component of aggregate expenditure is _____
a. government purchases b. transfer payments c. imports d. consumption e. investment
Economics
Choose the letter below that best represents the type of shift that would occur in the following situation in the United States: Between 1930 and 1935, millions of U.S. farm families lost their farms, and less output was produced by the remaining farms. (See Figure 8.6.)
A. A. B. B. C. C. D. D.
Economics