In 2014, the Italian adult non-institutionalized population was 38.8 million, the labor force was 25.4 million, and the number of people employed was 22 million. According to these numbers, the Italian labor-force participation rate and unemployment rate were about

The long-run Phillips curve shows the relationship between the inflation rate and the unemployment rate when the economy is

A) in expansion. B) at full inflation. C) away from potential GDP. D) in recession. E) at full employment.

Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries go it alone, Home will choose Policy ________ and Foreign will choose Policy ________

A) is; 1; A B) is; 2; B C) is; 1; B D) is not; 2; B E) is not; 1; A