Most bank deposits in the United States are insured by the Federal Deposit Insurance Corporation (FDIC).

A change in the slope of a budget constraint indicates:

A) a change in the price of either good that causes a change in the opportunity cost. B) a change in the consumer's income. C) a change in the price of either good without a change in the opportunity cost. D) a change in the consumer's tastes and preferences.

Refer to Table 20-1. The labor force participation rate for this simple economy equals

A) (1,100/15,000 ) × 100. B) (1,000/15,000 ) × 100. C) (1,000/1,100 ) × 100. D) (1,100/20,000 ) × 100.