If the number of employed people in a country is 21 million, and the number of unemployed workers in a country is 10 million. The size of the labor force in the country is equal to ________
A) 31 million B) 21 million C) 11 million D) 10 million
Consider an economy that consists of the following economic agents only.
2 million full-time workers
1 million part-time workers
1 million people who have been laid off by their employers but are currently looking for employment
1 million children of age fifteen years or less
2 million housewives not looking for jobs
A
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An instrument developed to help investors and institutions hedge interest-rate risk is
A) a debit card. B) a credit card. C) a financial derivative. D) a junk bond.
The exchange rate between yen and dollars at one point in 2010 was 83 yen per dollar. If a Big Mac, fries, and a Coke cost $3.91 in San Francisco, how much should the same order cost in yen in Osaka?
a. 0.03 b. 325 c. 392 d. 422