Author Question: Based on the data in the table, this Application addresses the economic concept of A) the ... (Read 92 times)

NClaborn · **on:** Jun 30, 2018

Based on the data in the table, this Application addresses the economic concept of

A) the real-nominal principle. B) the principle of diminishing returns.
C) the principle of voluntary exchange. D) the marginal principle.

Question 2

In June 2012, the U.S. labor force consisted of 142,415,000 employed and 12,749,000 unemployed. The U.S. unemployment rate for June 2012 was about

A) 7.4 percent. B) 8.2 percent. C) 9.0 percent. D) 11.2 percent.