________: the number of unemployed persons divided by the total civilian labor force

Fill in the blank(s) with correct word

Unemployment rate

Economics

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For a good such as a large screen HD television set, the income elasticity would likely be

A) negative. B) equal to zero. C) positive and less than one. D) positive and greater than one. E) undefined because large screen, HD TVs are bought by many consumers.

Economics

A decrease in the wage rate

A) shifts the firm's demand for labor curve rightward. B) shifts the firm's demand for labor curve leftward. C) leads to a movement along the demand for labor curve but does not shift the curve. D) None of the above answers is correct.

Economics