How are the labor force and the unemployment rate calculated?
What will be an ideal response?
The labor force is the sum of employed and unemployed workers in the economy. The unemployment rate is the percentage of the labor force that is unemployed, so is calculated as the number of unemployed people divided by the labor force.
Economics
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When there are many thousands of small stockholders in a company, for each the cost of monitoring manager performance is well __________ the benefits of doing so, which helps __________ the manager-stockholder problem
A) above; alleviates B) above; brings on C) below; alleviates D) below; brings on
Economics
Tolls are not effective in altering people's incentives to drive during rush hour
a. True b. False Indicate whether the statement is true or false
Economics