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Author Question: Suppose an economy has the following characteristics: 100 people in the noninstitutional population; ... (Read 45 times)

cagreen833

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on: Jun 29, 2018
Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 40 people employed; 50 people not in the labor force. How many people are unemployed?
 
  A) 100
  B) 90
  C) 50
  D) 40
  E) 10

Question 2

Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 40 people employed; 50 people not in the labor force. How many people are in the economy's labor force?
 
  A) 40
  B) 50
  C) 90
  D) 100


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kjo;oj

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

E

Answer to Question 2

B


cagreen833

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

daiying98

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

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