Author Question: At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During ... (Read 115 times)

APUS57 · **on:** Jun 29, 2018

At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's capital stock at the end of year equals

A) 1 machine.
B) 2 machines.
C) 3 machines.
D) 6 machines.

Question 2

Suppose the working-age population is 220 million, the labor force is 150 million, and the unemployment rate is 10 percent. The number of unemployed people is

A) 15 million.
B) 22 million.
C) 37 million.
D) 7 million.