For economic purposes in the United States, the working-age population does not include:
A. anyone without a driver's license.
B. someone who is 65.
C. someone who is 16 and does not want to work.
D. anyone in the military.
Answer: D
Economics
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Which of the following is most likely to cause a leftward shift in the demand curve for the Chinese yuan in exchange of the U.S. dollar?
A) An increase in the demand for U.S. products in China B) A decrease in the demand for Chinese products in the U.S. C) A decrease in the demand for U.S. products in China D) An increase in the demand for Chinese products in the U.S.
Economics
The automatic budget deficits and budget surpluses that occur in the federal budget over the business cycle
A) destabilize the economy. B) stabilize the economy. C) decrease potential GDP. D) increase potential GDP.
Economics