If a large number of people are classified as being out of the labor force when they are really looking for work, this will lead to an official unemployment rate that is lower than the true unemployment rate
Indicate whether the statement is true or false
TRUE
Economics
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Growth in physical capital depends most directly upon the
A) speed of population growth. B) amount of saving and investment. C) amount of government expenditures. D) number of firms in the nation. E) level of human capital.
Economics
A clause in a mortgage loan contract requiring the borrower to purchase homeowner's insurance is an example of a
A) proscriptive covenant. B) prescriptive covenant. C) restrictive covenant. D) constraint-imposed covenant.
Economics