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Author Question: Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the ... (Read 114 times)

asan beg

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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


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connor417

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

C

Answer to Question 2

D


asan beg

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

upturnedfurball

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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