The official unemployment rate is:
a. the number of unemployed people divided by the number of employed people.
b. the number of unemployed people divided by the total size of the population.
c. the number of unemployed people divided by the size of the non-institutionalized population.
d. the number of unemployed people divided by the size of the labor force.
e. the number of unemployed people divided by the number of people aged 16 or under.
d
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Which of the following is a problem encountered in a transaction involving a principal/agent relationship?
a. Absence of monitoring and supervision b. Excessive dependence on forecasts and expectations c. High investment in industry specific assets d. Government interference and market volatility
Which of the following would contribute to a U.S. balance of payments surplus?
A. The United States makes a unilateral tariff reduction on imported goods. B. General Motors pays a dividend to a Swiss stockholder. C. The United States cuts back on U.S. military personnel stationed in Germany. D. Russian vodka becomes increasingly popular in the United States.