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Author Question: If the number of unemployed workers is 200 million, the number of employed workers is 300 million, ... (Read 154 times)

Tirant22

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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.


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kalskdjl1212

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Tirant22

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kusterl

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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