Author Question: The labor force is the sum of the A) working-age population and the number of unemployed people. ... (Read 56 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
The labor force is the sum of the
 
  A) working-age population and the number of unemployed people.
  B) number of employed people and the working-age population.
  C) number of employed people and the number of unemployed people.
  D) total population and the number of unemployed people.

Question 2

Intermediate goods are excluded from GDP because
 
  A) their inclusion would involve double counting.
  B) they represent goods that have never been purchased so they cannot be counted.
  C) their inclusion would understate GDP.
  D) the premise of the question is incorrect because intermediate goods are directly included in calculating GDP.



aadams68

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

For a complete list of videos, visit our video library