The above table shows answers given by people interviewed in a government survey of households. Which individuals are considered to be a part of the labor force?

Fundamentally, to reap the benefits of specialization, an economy must

A) be heavily industrial. B) be heavily agricultural. C) have an extensive system of higher education. D) develop ways for individuals to trade goods with one another.

Assume government policy increases the demand for corn

A) The consumer surplus of corn buyers will increase. B) The producer surplus of corn growers will decrease. C) The producer surplus of corn growers will increase. D) The producer surplus of corn growers will not change.