The employment rate is defined as
A) the percentage of the labor force holding employment.
B) the percentage of the noninstitutional population either working currently or looking for work.
C) the percentage of the noninstitutional population holding employment.
D) the percentage of the population currently receiving wages or salaries.
E) the percentage of the population currently working and living principally on earnings from labor.
A
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The concept of mean reversion is defined by
a. the tendency of profits to revert to zero b. the tendency of costs to revert to zero c. the tendency of economic profits to revert to zero d. the tendency of profits to revert to negative
A bilateral monopoly is a market situation in which there is only one buyer and only one seller
a. True b. False Indicate whether the statement is true or false