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Author Question: If the labor force participation rate in an economy is 50, and there are 100 million potential adult ... (Read 54 times)

abc

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on: Jun 30, 2018
If the labor force participation rate in an economy is 50, and there are 100 million potential adult workers in the economy, the size of the labor force in the economy will equal:
 
  A) 10 million. B) 2 million. C) 100 million. D) 50 million.

Question 2

Given the following information about AAA bank:
 
  Bank Deposits 200,000
  Loans 100,000
  Required Reserves 40,000
  Excess Reserves 60,000
 
  What is the reserve ratio?
  A) 50 percent B) 40 percent C) 20 percent D) 10 percent
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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stallen

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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