When producers would have been willing to accept lower prices at various quantities produced than the market clearing price, the differences are called

If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the labor force is

A) 1000. B) 1100. C) 1400. D) 1500.

The income elasticity of demand for health care is generally less than 1, indicating consumers consider these services to be luxuries

Indicate whether the statement is true or false