The labor-force participation rate shows the percentage of
A) non-institutionalized working-age people who are actually working or seeking employment.
B) people not working, but who want to work.
C) new entrants into the labor force.
D) people who are not actively participating in meaningful economic activity.
A
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Which statement is true?
A. Our merchandise trade deficit and our overall trade deficit are identical. B. Our merchandise trade deficit is greater than our overall trade deficit. C. Our overall trade deficit is greater than our merchandise trade deficit. D. None of these statements are true.
A reason why agricultural cartels are not as effective as the Organization of Petroleum Exporting Countries (OPEC) is that non-member countries can
A. increase their supply of crops but not their oil supply. B. decrease their oil supply but not their supply of crops. C. increase their oil supply but not their supply of crops. D. decrease their supply of crops but not their oil supply.