The labor-force participation rate of a country is 50%, and the adult population is 150 million. If 30 million people in this country are employed, _____ people are unemployed

What happens if we internalize a negative externality?

a) Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and increase the price of the good produced. b) Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and increase the price of the good produced. c) Internalizing a negative externality will cause an industry to decrease the quantity it supplies to the market and decrease the price of the good produced. d) Internalizing a negative externality will cause an industry to increase the quantity it supplies to the market and decrease the price of the good produced.

According to the text, during which time period did the United States have the highest unemployment rates?

A) 1930s B) 2000s C) 1950s D) 1980s