Given the indifference curve and budget line below, which of the following must be true at point A?

Which of the following statements is TRUE?

A) Bank failure is limited to banks that have mismanaged their assets. B) Bank failure is limited to banks that have invested in real estate. C) Bank failure is limited to banks that have invested in government bonds. D) Bank failure is limited to a few banks. E) Bank failure is NOT limited to banks that have mismanaged their assets.

Consider an economy made up of 100 people, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The unemployment rate is approximately:

a. 10 percent. b. 12 percent. c. 17 percent. d. 20 percent. e. 25 percent.