Which of the following statements is true of the U.S. economy in 2014, as per the records of the BLS?
A) Number of unemployed workers > number of adults out of the workforce > number of employed workers
B) Number of employed workers > number of adults out of the workforce > number of unemployed workers
C) Number of unemployed workers > number of employed workers > number of adults out of the labor force
D) Number of employed workers > number of unemployed workers > number of adults out of the labor force
Question 2
The GDP deflator measures how prices change over time.
Indicate whether the statement is true or false