A person who did not have a job but was looking for work would be categorized as

a. employed
b. unemployed
c. not in the labor force
d. marginally unemployed
e. partially employed

b. unemployed

Economics

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Let's assume Ben can produce 3 units of a material good (M) or 3 units of a spiritual good (S) in a day, while Cal can produce 1 M or 2 Ss in a day. Which statement below is true?

A) Ben can produce spiritual goods more efficiently than Cal. B) Cal can produce material goods more efficiently than Ben. C) Ben can produce material goods more efficiently than Cal. D) Ben can produce both material and spiritual goods more efficiently than Cal.

Economics

Which of the following countries had the lowest GDP per capita in 2014?

A) Central African Republic B) Mexico C) France D) Argentina

Economics