Author Question: Consider an economy made up of 100 people, 60 of whom old jobs, 10 of whom are looking for work, and ... (Read 61 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Consider an economy made up of 100 people, 60 of whom old jobs, 10 of whom are looking for work, and 15 of whom are retired. The number counted as unemployed is:
 a. 10.
  b. 15.
  c. 40.
  d. 30.
  e. 90.

Question 2

An increase in input prices will cause the aggregate supply curve to shift rightward.
 a. True
  b. False
  Indicate whether the statement is true or false



tkempin

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

a

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library