All markets:
A. are laissez-faire.
B. have money prices.
C. are a type of coordination mechanism.
D. distribute according to need.
Answer: C
Economics
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In an economy, out of 221.6 million potential workers, 180.65 million are employed. If the labor force in the economy is 200.5 million, calculate:
a. the number of unemployed workers. b. the unemployment rate. c. labor force participation rate d. number of potential workers who are not a part of the labor force.
Economics
The purchase of a new automobile is included in
A) investment expenditures. B) consumption expenditures on durable goods. C) consumption expenditures on nondurable goods. D) consumption expenditures on services.
Economics