Multiple Choice
The official unemployment rate:
A) reveals people over 21 years of age who are currently discouraged and are not looking for a job.
B) is the percentage of the labour force which is unemployed.
C) is the percentage of the labour force which is working part-time.
D) is the percentage of the total population which is not working.
Correct Answer:
Verified
Correct Answer:
Verified
Q39: If prices are flexible, no matter what
Q40: The financial institutions play an important role
Q41: What is it called when a firm
Q42: The term "inflation" describes the situation where:<br>A)general
Q43: Modern economic growth in a country implies
Q45: Inflation means:<br>A)an increase in individuals' real income.<br>B)that
Q46: If current prices are used to calculate
Q47: In response to some unexpected changes in
Q48: Sticky prices imply that some firms are
Q49: Which would be considered an investment according