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Author Question: Consider an economy made up of 100 people, 60 of whom old jobs, 10 of whom are looking for work, and ... (Read 111 times)

Chelseaamend

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on: Jun 30, 2018
Consider an economy made up of 100 people, 60 of whom old jobs, 10 of whom are looking for work, and 15 of whom are retired. The number counted as unemployed is:
 a. 10.
  b. 15.
  c. 40.
  d. 30.
  e. 90.

Question 2

An increase in input prices will cause the aggregate supply curve to shift rightward.
 a. True
  b. False
  Indicate whether the statement is true or false


tkempin

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

a

Answer to Question 2

False


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