If the number of employed workers in a country is 6 million, and ...

[PhilipSeeMore]

If the number of employed workers in a country is 6 million, and the size of the labor force in the economy is 8 million, the unemployment rate in the country is:
 
  A) 25 percent. B) 24 percent. C) 8 percent. D) 30 percent.

Question 2

If the Fed buys government bonds from the open market, it will cause:
 
  A) a shift of the supply curve for reserves to the right.
  B) a shift of the supply curve for reserves to the left.
  C) a downward movement along the supply curve for reserves.
  D) an upward movement along the supply curve for reserves.

[Li Jun]

Answer to Question 1

A

Answer to Question 2

A