In a bank panic, the source of contagion is the

A system where goods and services are exchanged directly without a common unit of account is called the:

A) commodity system. B) fiat system. C) barter system. D) none of the above.

Suppose that some country had an adult population of about 25 million, a labor-force participation rate of 60 percent, and an unemployment rate of 6 percent. How many people were employed?

a. 0.9 million b. 14.1 million c. 15 million d. 23.5 million