The population of individuals at least 16 years of age can be broken into 3 groups. They are
A) the unemployed, discouraged workers, and retirees.
B) those employed full-time, those employed only part-time, and the unemployed.
C) those working in the for-profit sector, those working in the nonprofit sector, and individuals who are unemployed.
D) none of the above.
Question 2
Say's law argues that I. overproduction is typical in a market economy. II. supply creates its own demand.
A) I only
B) II only
C) Both I and II
D) Neither I nor II