Persons who do not have jobs and who do not look for work are ...

[NClaborn]

Persons who do not have jobs and who do not look for work are considered:
 a. unemployed.
 b. out of the labor force.
  c. underemployed.
 d. overemployed.

Question 2

The tendency of the prices of identical baskets of goods across countries to converge:
 a. Is stronger to the extent the countries compared have substantial tariffs on imported goods.
 b. Is weaker, the higher the cost of transporting the goods between countries.
 c. Is stronger for goods and services not traded internationally.
 d. Would tend to become weaker when countries eliminated quotas on imports of the goods in the baskets.

[al]

Answer to Question 1

b

Answer to Question 2

b

[NClaborn]

Thanks for the timely response, appreciate it

[strudel15]

Great answer, keep it coming