Author Question: Consider an economy made up of 100 people, 60 of whom old jobs, 10 of whom are looking for work, and ... (Read 112 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?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library