Author Question: If the number of unemployed workers is 200 million, the number of employed workers is 300 million, ... (Read 107 times)

Tirant22 · **on:** Jun 29, 2018

If the number of unemployed workers is 200 million, the number of employed workers is 300 million, and the working-age population is 800 million, what is the labor force participation rate?

A) 12.5 B) 37.5 C) 40 D) 62.5

Question 2

The recession of 2007-2009 made many consumers pessimistic about their future incomes. How does this increased pessimism affect the aggregate demand curve?

A) This will move the economy down along a stationary aggregate demand curve.
B) This will move the economy up along a stationary aggregate demand curve.
C) This will shift the aggregate demand curve to the left.
D) This will shift the aggregate demand curve to the right.