Suppose there are currently 100 people unemployed, 1500 people employed, 1600 people in the labor force, and 2000 people in the working age population. The unemployment rate equals 100 times

The relationship between distance traveled in 5 hours and speed shown in the figure above is

A) direct, linear. B) inverse, linear. C) direct, non-linear. D) inverse, positive. E) direct, negative.

The input-substitution effect associated with an increase in the wage implies that as the wage increases, a firm will substitute other inputs for the relatively expensive labor.

Answer the following statement true (T) or false (F)