Author Question: Suppose the population of El Campo is 120,000. Of the population 16 years and older, 50,000 are ... (Read 28 times)

james

  • Hero Member
  • *****
  • Posts: 573
Suppose the population of El Campo is 120,000. Of the population 16 years and older, 50,000 are employed, 10,000 have never worked and are not looking for work, 5,000 are not working and are looking for work, and 15,000 are retired and not looking
 
  for work. The labor force equals A) 50,000.
  B) 55,000.
  C) 65,000.
  D) 80,000.

Question 2

A significant increase in the price of tennis balls will most likely lead to
 
  A) an increase in the demand for tennis racquets.
  B) an inward shift in the demand for tennis balls.
  C) a movement along the demand curve for tennis racquets.
  D) an inward shift in the demand for tennis racquets.



Brummell1998

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library