Author Question: The labor force is the sum of the A) working-age population and the number of unemployed people. ... (Read 78 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
The labor force is the sum of the
 
  A) working-age population and the number of unemployed people.
  B) number of employed people and the working-age population.
  C) number of employed people and the number of unemployed people.
  D) total population and the number of unemployed people.

Question 2

Intermediate goods are excluded from GDP because
 
  A) their inclusion would involve double counting.
  B) they represent goods that have never been purchased so they cannot be counted.
  C) their inclusion would understate GDP.
  D) the premise of the question is incorrect because intermediate goods are directly included in calculating GDP.



aadams68

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

For a complete list of videos, visit our video library