In a small country, the adult population equals 10,000. There are ...

[Diane]

In a small country, the adult population equals 10,000. There are 3,000 people unemployed and 4,000 people are employed. The labor force participation rate equals
 
  A) 70 percent.
  B) 57 percent.
  C) 40 percent.
  D) an undetermined amount given the lack of information.

Question 2

What is a primary determinant of the asset demand for money? I. the interest rate II. the opportunity cost of holding money III. the supply of money
 
  A) I only
  B) III only
  C) both I and II
  D) both II and III

[zoeyesther]

Answer to Question 1

A

Answer to Question 2

C

[Diane]

Correct answers!

[zoeyesther]

Great! Please up vote