In a small town of 100 people, there are 10 children under 16, 10 retired people, 60 people with full-time jobs, 3 people with part-time jobs, 3 full-time students over 16, and 4 full-time homemakers. The remaining people did not have jobs, but wanted them. How many people are in the labor force of this town?

With which choice are you more likely to avoid Bid-rigging cartels?

a. Holding smaller auctions b. Holding larger auctions c. Holding infrequent auctions d. Both B&C

When the economy is initially at full employment:

a. expansionary monetary policy will tend to increase the price level in the short run and the long run. b. expansionary monetary policy will tend to increase the price level in the short run but not the long run. c. expansionary monetary policy will tend to increase the price level in the long run but not the short runq d. expansionary monetary policy will not tend to increase the price level in the short run or the long run.