A nation has a population of 260 million people. Of these, 60 million are retired, in the military, institutionalized, or under 16 years old. There are 188 million who are employed and 12 million who are unemployed. What is the unemployment rate?

A.  4 percent
B.  6 percent
C.  9 percent
D.  27 percent

B.  6 percent

Economics

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Which of the following pairs of goods are most likely substitutes?

A) DVDs and DVD players B) cola and lemon lime soda C) lettuce and salad dressing D) peanut butter and gasoline

Economics

First, what are the primary determinants of output per worker? And second, to what extent can each cause a permanent change in economic growth?

What will be an ideal response?

Economics