The effect of _____ is to produce an unemployment rate that understates actual unemployment

a. the underground economy
b. discouraged workers and underemployment
c. the growth in real GDP
d. institutionalized and retired labor force
e. seasonally unemployed workers

b

Economics

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If the required reserve ratio is 20 percent and a customer deposited $5,000 in the bank, how much is available to the bank for lending?

(A) $3,500 (B) $5,000 (C) $4,000 (D) $1,000

Economics

Refer to the table above. Spain has comparative advantage in

A) grapes. B) textiles. C) both grapes and textiles. D) neither grapes nor textiles.

Economics