To be counted as employed by the BLS, in the week before the survey the person must have worked for pay
A) at least 1 hour.
B) at least 5 hours.
C) more than 20 hours.
D) 40 hours.
E) None of the above is right because the BLS counts as employed anyone who works volunteer hours at a non-profit institution.
A
Economics
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The nominal interest rate is 7%, today's price level is 150, and you expect the price level to be 156 one year from now. What is the expected inflation rate? What is the expected real interest rate?
What will be an ideal response?
Economics
Total costs increase from $1500 to $1800 when a firm increases output from 40 to 50 units. Which of the following are true?
a. AVC rise by $300 b. AVC rise by $1800 c. AVC rise by $1500 d. AVC rise by $0
Economics