Hometown, USA, has a labor force of 78,567 persons and employment of 74,382 . The unemployment rate for the city is:
a. 5.3 percent

Suppose the government cracks down on illegal immigration. How will this affect the demand and supply of labor

What will be an ideal response?

Economics is the social science that studies

A) the real reasons people buy goods and services. B) the psychology of individuals and businesses. C) whether a nation has enough natural resources. D) how people make choices to cope with scarcity. E) how choices made in the social interest could eliminate scarcity.