If the overall price level decreases, then the aggregate demand curve will shift to the right

If the number of employed people in a country is 21 million, and the number of unemployed workers in a country is 10 million. The size of the labor force in the country is equal to ________

A) 31 million B) 21 million C) 11 million D) 10 million Consider an economy that consists of the following economic agents only. 2 million full-time workers 1 million part-time workers 1 million people who have been laid off by their employers but are currently looking for employment 1 million children of age fifteen years or less 2 million housewives not looking for jobs

Which of the following is likely to be true of the nominal and the real exchange rates in the short run and in the long run, if prices in two countries do not respond to exchange rate changes?

A) The real exchange rate and the nominal exchange rate between the currencies move proportionally in both the short run and the long run. B) The real exchange rate and the nominal exchange rate between the currencies move proportionally in the short run but not in the long run. C) The real exchange rate and the nominal exchange rate between the currencies remain constant. D) The real exchange rate and the nominal exchange rate between the currencies move proportionally in the long run but not in the short run.