Author Question: In September 2014, the labor force participation rate fell from 62.8 percent to 62.7 percent. This ... (Read 110 times)

wrbasek0 · **on:** Jun 29, 2018

In September 2014, the labor force participation rate fell from 62.8 percent to 62.7 percent. This change could have been caused by

A) unemployed workers giving up looking for a job.
B) full-time workers becoming part-time workers.
C) unemployed workers getting full-time jobs.
D) discouraged workers starting to look for jobs again.

Question 2

Which of the following applies to the use of money as a unit of account?

I. A unit of account is an agreed measure for stating the prices of goods and services.
II. Using money as a unit of account creates a simplified pricing system.
III. Economies choose many goods as units of account.
A) I only
B) II only
C) I and III
D) I and II