This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assuming there are 200 million people employed in the United States and 5 million people unemployed, ... (Read 56 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 29, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


BRWH

  • Hero Member
  • *****
  • Posts: 553
Reply #2 on: Jun 29, 2018
Thank you :)


mcarey591

  • Sr. Member
  • ****
  • Posts: 365
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Diversity in the United States Diversity in the United States
Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ... Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ...
Countries of Origin of Unauthorized Immigrants to the United States Countries of Origin of Unauthorized Immigrants to the United States
Primary causes of chronic liver disease in the United States. Primary causes of chronic liver disease in the United States.
Food Assistance Programs in the United States Food Assistance Programs in the United States
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library