If real GDP increases over time, the cost of living will
A) always remain constant.
B) always decrease.
C) always increase.
D) either remain constant or increase.
E) More information is needed to determine how the cost of living changes.
E
Economics
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If the labor force of a country is 100 million, of which 80 million are employed, then the number of unemployed people is 30 million
a. True b. False Indicate whether the statement is true or false
Economics
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. Figure 8.4 Refer to Figure 8.4. Micro Oven's average fixed costs of producing three units of output are
A. $100. B. $150. C. $166.67. D. indeterminate from this information.
Economics