The number of people over age 16 in an economy willing and able to work, is known as the:

A. labor force.
B. unemployment rate.
C. employment force.
D. labor force participation rate.

Answer: A

Economics

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Due to ongoing drought conditions, many cities in Texas have implemented water conservation measures which prevent homeowners from watering their lawns more than two times per month. Prior to the drought conditions, no restrictions were in place

Discuss this measure from the villain/victim standpoint. Explain who the villains and victims are, and if they really are villains and victims?

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The prisoners' dilemma has an equilibrium that is

A) a Nash equilibrium and both players confess. B) not a Nash equilibrium and both players confess. C) a Nash equilibrium and both players deny. D) not a Nash equilibrium and both players deny.

Economics