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Author Question: Assuming there are 200 million people employed in the United States and 5 million people unemployed, ... (Read 127 times)

BRWH

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Assuming there are 200 million people employed in the United States and 5 million people unemployed, the unemployment rate would therefore approximately equal
 
  A) 2.4 percent.
  B) 3.2 percent.
  C) 5.0 percent.
  D) an undetermined amount given the lack of information

Question 2

Suppose that initially there is no public debt. Using the above table, what is the public debt as a percentage of GDP in Year 3?
 
  A) 1.7 percent
  B) 2.0 percent
  C) 7.7 percent
  D) 5.9 percent



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mcarey591

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Answer to Question 1

A

Answer to Question 2

A





 

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