Suppose there are 81.0 million people not in the labor force, 154.0 million in the civilian labor force, and 140.9 million employed. Based on these numbers, what is the unemployment rate?

A. 5.5 percent
B. 8.5 percent
C. 9.3 percent
D. 13.1 percent

Answer: B

Economics

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The distinction between physical and financial capital is that

A) physical capital is equal to financial capital minus depreciation. B) financial capital depreciates and physical capital does not. C) the value of financial capital depends on the amount of available physical capital. D) physical capital is equal to financial capital plus depreciation. E) financial capital is used to purchase and operate physical capital.

Economics

If the price of a good increases, ________

A) the budget constraint shifts to the right B) the budget constraint shifts to the left C) the consumer surplus increases D) the consumer surplus decreases

Economics