The labor force participation rate shows the percentage of
A) people not working, but who want to work.
B) people who are not actively participating in meaningful economic activity.
C) new entrants into the labor force.
D) non-institutionalized working-age people who are actually working or seeking employment.
D
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The following economy produces two products.ProductsProduction Possibilities?ABCDEFTanks012345Autos10009508506503500Refer to the above table. According to the production possibilities schedule, a combination of four tanks and 650 autos is:
A. not attainable because society does not have sufficient resources to produce this combination. B. not attainable because it is not listed in the schedule. C. attainable and involves an efficient use of society's resources. D. attainable, but would not be in the best interests of a strong national defense.
Non-redeployable durable assets that are dependent upon unique complementary and perfectly redeployable assets to achieve substantial value-added will typically be organized as
a. an export trading company b. a spot market contract c. a vertically integrated firm d. an on-going relational contract e. a joint stock company.