Unemployment is a ________ concept, measuring the ________. A) ...

[jerry coleman]

Unemployment is a ________ concept, measuring the ________.
 
  A) stock; number of people who are not working
  B) stock; number of people at a point in time who are not working but who are looking for work
  C) flow; number of people who are first entering the labor force
  D) flow; number of people who lost their jobs within the last week

Question 2

The annual cost of producing the entire output of goods and services in the economy
 
  A) includes durable goods but excludes nondurable goods.
  B) is total income.
  C) can be calculated entirely on the basis of financial transactions.
  D) includes financial transactions.

[zoeyesther]

Answer to Question 1

B

Answer to Question 2

B

[jerry coleman]

YES! Correct, THANKS for helping me on my review

[rachel]

Excellent