The labor force participation rate is the
A) proportion of the labor force that is unemployed.
B) proportion of the noninstitutionalized adult population in the labor force.
C) proportion of the labor force that is employed.
D) proportion of the noninstitutionalized adult population that is employed.
B
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The legislative immigration restrictions following World War I (1914–18) contributed to which of the following in the 1920s?
(a) An acceleration in the growth in the U.S. population (b) A decline in the rate of household formation in the U.S. (c) Rapid rise in U.S. prices (d) High unemployment in the U.S.
Having free entry and exit in a market can help drive:
A. innovation. B. cost-cutting. C. quality improvements. D. All of these occur more often with free entry and exit.