The civilian labor force includes only the employed

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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An intermediate good is

A) always counted when measuring GDP because it doesn't represent time spent in production of a final good or service. B) a good whose value is of neither a high grade nor a low grade. C) a good that is sold to the government and then redistributed to the poor. D) any good that is resold by its purchaser rather than used as is.

Economics

In an economy, the value of inventories was $75 billion in 2009 and $63 billion in 2010. In calculating total investment for 2010, national income accountants would:

A.  Decrease it by $75 billion B.  Increase it by $63 billion C.  Decrease it by $12 billion D.  Increase it by $138 billion

Economics