How many people are unemployed if the employment ratio is 75%, there are 90 million people employed, and there are 20 million people not in the labor force?
A) 20 million
B) 10 million
C) 5 million
D) 0 million
B
Economics
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Which of the following bonds are considered to be default-risk free?
A) municipal bonds B) investment-grade bonds C) U.S. Treasury bonds D) junk bonds
Economics
Use the following graph, which shows the market for euros, to answer the next question. Q*=1 Euro.
Assume the U.S. and European governments adopt a system of flexible exchange rates. One U.S. dollar will purchase how many euros?
A. 1.11 euros B. 0.90 euro C. 1.90 euros D. 1.00 euro
Economics