Discouraged workers are included in the

A. labor force category.
B. unemployed category.
C. not in the labor force category.
D. employed category.

Answer: C

Economics

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We have achieved production efficiency if we can produce more of one good without producing less of some other good

Indicate whether the statement is true or false

Economics

Which of the following is a reason people choose to hold more cash?

a) Interest rates paid on savings and checking accounts at the bank rise dramatically. b) Consumers have more faith in the stability and safety of the financial system. c) Interest rates paid on savings and checking accounts at the bank are near zero. d) Holding cash becomes less convenient.

Economics