If 5 million workers are unemployed and 45 million workers are employed, then the unemployment rate is

If a 10 percent increase in the price of a luxury hotel room causes the quantity demanded to decrease by 41.5 percent., we can conclude that the price elasticity of demand for luxury hotel rooms is approximately -0.24

Indicate whether the statement is true or false

Evidence suggests that, with rare exceptions, economic policies are not manipulated in an effort to influence electoral outcomes. Use the Lucas critique to explain why not

What will be an ideal response?