In a market economy, scarcity of resources is most clearly reflected in

During the Great Recession of 2007-2009, the U.S. ________

A) experienced unprecedented declines in household wealth B) the unemployment rate more than doubled C) experienced the most severe economic downturn since the Great Depression D) all of the above E) none of the above

For economic purposes in the United States, the working-age population does include people:

A. in prison. B. in the military. C. less than 16 years old. D. over the age of 16.