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Suppose an economy has the following characteristics: 100 people in the noninstitutional population;
Sublight2097
Sublight2097
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7 years ago
7 years ago
Suppose an economy has the following characteristics: 100 people in the noninstitutional population;
Suppose an economy has the following characteristics: 100 people in the noninstitutional population; 40 people employed; 50 people not in the labor force. How many people are in the economy's labor force?
A) 40
B) 50
C) 90
D) 100
Textbook
The Economic Way of Thinking
Edition:
13
th
Authors:
Heyne, Boettke, Prychitko
Read 230 times
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VincenzoD
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#1
7 years ago
B
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Sublight2097
Author
wrote...
#2
7 years ago
My mind was going in all different directions trying to figure this one out. Thanks
so
much.
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