Refer to the information provided in Table 22.1 below to answer the question(s) that follow. Table 22.1
Refer to Table 22.1. The labor force equals
A. 14,000 people.
B. 17,000 people.
C. 18,000 people.
D. 21,000 people.
Answer: B
Economics
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Inventories — goods produced but not sold — are included in GDP because we want to measure total production, not just what is purchased
a. True b. False
Economics
Answer the next question based on the following data.OutputTotal Cost0$24133241348454561669The fixed cost of production is
A. $12. B. $9. C. $33. D. $24.
Economics