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Author Question: Suppose there are currently 100 people unemployed, 1500 people employed, and 2000 people in the ... (Read 36 times)

khang

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Suppose there are currently 100 people unemployed, 1500 people employed, and 2000 people in the working age population. The labor force participation rate equals 100 times
 
  A) 100/1500.
  B) 100/1600.
  C) 1500/2000.
  D) 1600/2000.

Question 2

Suppose prices are quoted in dollars and transactions are conducted in pesos. The dollar serves as a
 
  A) medium of exchange.
  B) store of value.
  C) unit of account.
  D) all of the above.



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alexisweber49

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Answer to Question 1

D

Answer to Question 2

C





 

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