If the population is 300 million, with 70 million under the age of 16 and institutionalized, another 70 million not in the labor force, 10 million unemployed and 150 million employed, the unemployment rate is
A) 23.3 percent.
B) 6.7 percent.
C) 6.25 percent.
D) 26.7 percent.
C
Economics
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When a domestic monopolist becomes subject to international competition, it faces:
a. a perfectly inelastic demand curve. b. a unitary elastic demand curve. c. a perfectly elastic demand curve. d. no demand curve.
Economics
With a 10 percent interest rate on dollar deposits, and an expected appreciation of 7 percent over the coming year, the expected return on dollar deposits in terms of the dollar is
A) 3 percent. B) 10 percent. C) 13.5 percent. D) 17 percent.
Economics