Author Question: In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time ... (Read 143 times)

biggirl4568 · **on:** Jun 29, 2018

In an economy, 23 million people are employed and 2 million are unemployed, but 5 million part-time workers would prefer full-time work. What is the unemployment rate?

A) 23.2 percent
B) 6.7 percent
C) 8 percent
D) 25 percent

Question 2

The capital stock increases whenever

A) gross investment is exceeds net investment.
B) net investment exceeds gross investment.
C) gross investment is negative.
D) net investment is positive.