In the United States, the annual growth rate of real GDP per hour worked between 2006 and 2014 averaged

A) -0.3%. B) 1.2%. C) 6.9%. D) 10.2%.

B

Economics

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If 160 million people are employed, 15 million people are unemployed, and the population is 280 million people, the unemployment rate is

A) 57 percent. B) 62.5 percent. C) 8.6 percent. D) 9.4 percent. E) not possible to calculate without data on the labor force.

Economics

A tool for managing interest-rate risk that requires exchange of payment streams is a

A) futures contract. B) forward contract. C) swap. D) micro hedge.

Economics