Although the Fed professed employment of a monetary aggregate targeting strategy during the 1970s, its behavior suggests that it emphasized

Which of the following features are relevant for determining the extent of a market?

A. Its geographical boundaries B. Technological innovations that would reduce the cost of production C. The range of products to be included in it D. both A and C E. both A and B F. both A and C

In the economy of Iota, 9 people have jobs, 1 person is not working but is searching for work, and 10 people don't work and don't seek work. The unemployment rate is

A) 10 percent. B) 25 percent. C) 33 percent. D) 50 percent. E) none of the above.