Each person in the population can be classified as employed or unemployed

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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According to the text, the net public debt to Gross Domestic Product (GDP) ratio is currently about

A) 10%. B) 25%. C) 60%. D) 120%.

Economics

When consumers start to spend less and save more, classical macroeconomists believe that interest rates will then ______________ resulting in a(n) ________________ in investment

A) rise; increase B) fall; increase C) fall; decrease D) rise; decrease

Economics