Suppose the working age population in Tiny Town is 100 people. If ...

[asan beg]

Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the ________ equals ________.
 
  A) unemployment rate; 25/100  100
  B) unemployment rate; 25/75  100
  C) labor force; 75
  D) labor force; 25/100  100

Question 2

Which of the following expenditures associated with the production of a new high-performance SUV will be directly included in GDP?
 
  A) the sale of bonds to finance the construction of the assembly plant
  B) the purchase of used welding robots to assemble to vehicles
  C) the purchase of new tires to be installed on the new vehicles
  D) the purchase of new machine tools to manufacture the engines

[connor417]

Answer to Question 1

C

Answer to Question 2

D

[asan beg]

Gracias!

[kswal303]

Thanks for the timely response, appreciate it