The labor force is defined as
A) all people aged 16 and over and not institutionalized.
B) those people employed and unemployed.
C) the entire population.
D) only those people with jobs.
Correct Answer:
Verified
Q22: An increase in the amount of capital
Q23: The accumulated loss of output that results
Q24: The number of companies making shoes decreases.
Q25: An increase in the population will _potential
Q26: The circular flow model shows that GDP
Q28: _increases real GDP.
A) An increase in employment
B)
Q29: GDP is defined as
A) generally demanded product.
B)
Q30: An increase in the productivity will _potential
Q31: The difference between nominal GDP and real
Q32: The demand for labor _and the accumulated
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