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Which of the following is correct?
a. Labor force = number of employed.
b. Labor force = population - number of unemployed.
c. Unemployment Rate = number of unemployed ÷ (number of employed + number of unemployed) X 100.
d. Unemployment Rate = number of unemployed ÷ adult population X 100
The markets will over produce goods that have external costs because
Elucidate why the return to deficit spending since the turn of the century.
Absolute and comparative advantage: Explain how these concepts describe the benefits and costs of international trade.
How does the AICPA Code of Professional Conduct relate to ethics? Provide examples to support your response.
A monopolistically competitive firm is operating in the short run, is operating at the optimal level of output, and is earning positive economic profits. Describe how this industry will adjust in the long run.
Which of the following possibilities is consistent with the property of diminishing marginal product.
The Fed can reduce the money supply by,
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
What is Anna’s optimal choice of comic books and AOG? Illustrate her optimal choice on a graph, using indifference curve-budget line analysis.
Illustrate what role do fiscal and monetary policies have to lead to higher or lower budget deficits.
One way to help establish new technologies is to employ something called a "quality circle". What is this and how do companies use them to help implement new technologies and stay on top of changes in the work environment?
The firm's vice president for manufacturing hires you to out illustrate what combination of inputs the plant should use to produce 20 units of output per period. What advice would you give.
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