A government program, once started, perpetuates itself because those in charge of administering the program often become its strongest supporters

Find the BLS's rate of unemployment from the following data: frictional unemployment = 150, structural unemployment = 200, cyclical unemployment = 225, discouraged workers = 25, underemployed workers = 75, fully employed workers = 850, total population = 2,000

a. 17.5 percent b. 23.3 percent c. 24.6 percent d. 28.8 percent e. 38.3 percent

The price of an asset should:

A. exactly equal the total present value of all of the asset's future payments. B. exactly equal the total future value of all of the asset's future payments. C. approximately equal X(1 + i) t , where X is the value of the asset, i is the interest rate, and t is the number of years. D. exactly equal the total present and future value of all of the asset's future payments.