People who are willing and able to work but are not looking for work because they have been discouraged by their previous futile efforts are called
A) unemployed workers.
B) discouraged workers.
C) unhappy workers.
D) involuntarily unemployed.
E) part-time lookers.
B
Economics
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Based on the information in Scenario 1, nominal GDP in 2016 in this economy was
A) $830. B) $1,025. C) $1,090. D) $1,345.
Economics
In 2013, Ozzie purchased a 2010 Ford Escort from his neighbor for his son, purchased a 2009 "one owner" Camry from Larchmont Toyota for his wife, bought a 2013 new Ford for himself, and sold his 2002 Dodge Caravan to his teenage nephew
Which, if any, of these transactions will be included in GDP in 2013? A) all four transactions B) all three purchases but not the sale C) the purchase of the Ford and the Caravan D) only the purchase of the Ford
Economics