The labor force is
A) the sum of the employed and unemployed workers in an economy.
B) the total number of people in an economy who are over the age of 16.
C) the total number of employed people in an economy.
D) the percentage of employed people divided by the population.
A
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Suppose that the interest rate is greater than the equilibrium interest rate. Which of the following occurs?
I. There is an excess quantity of money. II. The quantity of money automatically increases. III. The interest rate falls. A) I B) I and II C) I and III D) I, II and III
Which of the following is false?
A. Even if a corporation is not currently issuing bonds, you could still buy a bond directly from the corporation. B. Bonds that are rated AAA from Standard and Poor's have received the highest rating possible. C. A bond that is rated in the D category indicates that the bond issuer cannot pay off the bond. D. It is possible to buy a bond from someone who purchased and still holds the bond he bought from the corporation at an earlier date.