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Author Question: Suppose there are currently 100 people unemployed, 1500 people employed, and 2000 people in the ... (Read 101 times)

khang

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

D

Answer to Question 2

C


khang

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Reply #2 on: Jun 29, 2018
Thank you :)


alexisweber49

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Reply #3 on: Jun 29, 2018
Happy to help you


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