Assuming there are 200 million people employed in the United States and 5 million people unemployed, the unemployment rate would therefore approximately equal
A) 2.4 percent.
B) 3.2 percent.
C) 5.0 percent.
D) an undetermined amount given the lack of information
A
Economics
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State at least two major benefits of promoting non-governmental organizations in developing countries as sources and conduits of foreign assistance
What will be an ideal response?
Economics
Suppose the price level is fixed, the MPC is .5, and the GDP gap is a negative $80 billion. To achieve full-employment output (exactly), government should:
A. increase government expenditures by $80 billion. B. reduce government expenditures by $40 billion. C. reduce taxes by $40 billion. D. reduce taxes by $80 billion.
Economics