From 1980 to 2014, the average annual growth rate for the Mexican economy has been 0.8 percent. Based on that growth rate and using the rule of 70, the number of years it will take real GDP per capita to double in Mexico is approximately

In a self-regulating economy, inflationary and recessionary gaps

A) never occur. B) are eliminated by forces internal to the economy, without government intervention. C) are eliminated by timely actions of government policymakers. D) are the desirable results of microeconomic price adjustments.

In August 2018, the U.S. unemployment rate was 3.9% and the civilian labor force was estimated to be 161,776,000. About how many unemployed workers were there in the United States?

a. 63.1 million b. 41.5 million c. 6.3 million d. 3.9 million