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gringoboy6 gringoboy6
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Scenario: Suppose an economy consists of only the following economic agents: 2 million full-time workers, 1 million part-time workers, 1 million people who have been laid off by their employers but are currently looking for employment, 1 million children aged 15 years or younger, and 2 million housewives not looking for jobs.


Refer to the scenario above. What is the size of the labor force in the economy?

▸ 3 million

▸ 4 million

▸ 5 million

▸ 6 million
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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angfuciousangfucious
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This helped my grade so much Perfect
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Helped a lot
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Just got PERFECT on my quiz
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