The number of unemployed divided by the labor force equals the:
A. labor-force participation rate.
B. employment rate.
C. duration rate.
D. unemployment rate.
Answer: D
Economics
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Critics of nationwide banking fear
A) an elimination of community banks. B) increased lending to small businesses. C) cutthroat competition. D) banks with economies of scale problems.
Economics
Several countries in the world have failed to “converge” with industrialized countries. What does this mean about their economic growth rates? Explain why poorer countries have failed to "catch up," in terms of the pillars of economic growth. Are there any special problems facing these countries?
What will be an ideal response?
Economics