If the number of employed workers in a country is 6 million, and the size of the labor force in the economy is 8 million, the unemployment rate in the country is:

Suppose the government of a small open economy reduces its spending, so that national saving increases. The result is

A) an increase in the real interest rate. B) an increase in net exports. C) a decrease in the real interest rate. D) an increase in investment.

The main differences between the bank and the nonbank institutions include all of the following EXCEPT

A) banks are regulated by the Fed while nonbank institutions are not. B) banks obtain the funds to buy investment by attracting deposits while nonbank institutions borrow funds. C) banks hold more equity then nonbank institutions. D) banks' balance sheets include assets and liabilities while nonbank institutions' balance sheets include only liabilities.