Author Question: Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the ... (Read 147 times)

asan beg · **on:** Jun 29, 2018

Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the ________ equals ________.

A) unemployment rate; 25/100 100
B) unemployment rate; 25/75 100
C) labor force; 75
D) labor force; 25/100 100

Question 2

Which of the following expenditures associated with the production of a new high-performance SUV will be directly included in GDP?

A) the sale of bonds to finance the construction of the assembly plant
B) the purchase of used welding robots to assemble to vehicles
C) the purchase of new tires to be installed on the new vehicles
D) the purchase of new machine tools to manufacture the engines