Maia and Yousef just got married. Yousef recently graduated…
Maia and Yousef just got married. Yousef recently graduated and received a master’s degree in childhood education. He is currently searching for a job that matches his new skill set and interest. However, Maia just lost her job as a computer programmer because she was replaced by a very efficient software program. In this example, Yousef is ________ unemployed and Maia is ________ unemployed.
Read DetailsA small economy has consumption spending of $300 million, in…
A small economy has consumption spending of $300 million, investment spending of $150 million, government spending of $25 million, imports of $35 million, and exports of $40 million. This economy’s gross domestic product (GDP) equals ________ million.
Read DetailsRefer to the following scenario to answer the next four ques…
Refer to the following scenario to answer the next four questions.A government worker surveys a number of households and comes up with the following information: there were a total of 200 people in the households, 25 of the people were children under 16, 10 of the people were retired but still capable of working, 100 people had full-time jobs, 15 had part-time jobs, 10 were stay-at-home parents, 20 were full-time students over the age of 16, 5 were disabled people who could not work, 10 people had no job but were looking for jobs, and there were 5 people who wanted a job but were not looking for a job. According to the information in the survey, the labor force participation rate is
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