The largest number of individuals of working age in the U.S. population are ________
A) discouraged workers
B) unemployed
C) employed
D) not in the U.S. labor force
C
Economics
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According to Okun's Law, if the natural unemployment rate is 5 percent, the actual unemployment rate is 4 percent, and potential GDP is $15 trillion, then actual real GDP is
A) $14.7 trillion. B) $15.4 trillion. C) $15.0 trillion. D) $12.0 trillion. E) $15.3 trillion.
Economics
Refer to the information above. What is the value of the exponent for uneducated labor (L)?
A) 0.75 B) 0.40 C) 0.35 D) 0.15
Economics