The unemployment rate equals A) (number of people without a ...

[notis]

The unemployment rate equals
 
  A) (number of people without a job  population) 100.
  B) (number of people without a job  working-age population)  100.
  C) (working-age population - number of people employed)  labor force  100.
  D) (number of people unemployed  labor force)  100.
  E) (number of people unemployed  population)  100.

Question 2

Suppose Panama produces only two goods, bananas and hats. If Panama has a comparative advantage in bananas, a move toward free trade will
 
  A) benefit hat workers, harm banana workers, but harm the nation as a whole.
  B) harm hat workers, harm banana workers, but benefit the nation as a whole.
  C) harm hat workers, benefit banana workers, but benefit the nation as a whole.
  D) benefit hat workers, harm banana workers, but benefit the nation as a whole.

[ansleighelindsey]

Answer to Question 1

D

Answer to Question 2

C

[notis]

Correct answers!

[ansleighelindsey]

Great! Please up vote