Discouraged workers are classified by the BLS as
A) out of the labor force.
B) part-time employees.
C) employed.
D) part of the labor force.
E) unemployed.
A
Economics
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Assume that corn and soybeans are alternatives that could be grown by most farmers. An increase in the price of corn will
a. increase the supply of corn. b. increase the supply of soybeans. c. decrease the supply of soybeans. d. decrease the supply of corn. e. have no effect on the supplies of corn and soybeans.
Economics
The size of changes in output and price level, and how the change in equilibrium relates to potential GDP, depends on whether the shift in the _____ curve is happening in the relatively flat or relatively steep portion of the _____ curve.
a. AD; AD b. AS; AS c. AD; AS d. AS; AD
Economics