Suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed. The labor force participation rate will

Suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed. The labor force participation rate will

If real GDP grows by 3% in 2014, 3.2% in 2017, and 2.5% in 2018, what is the average annual growth rate of real GDP?

If real GDP grows by 3% in 2014, 3.2% in 2017, and 2.5% in 2018, what is the average annual growth rate of real GDP?

If the BLS counted persons that are on active military service in the totals for employment, the labor force, and the working-age population, this would

Refer to Table 9-3. Assume the market basket for the consumer price index has three products – Cokes, hamburgers, and CDs – with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals

Is the following statement true or false? Most of the countries of Africa are considered newly industrializing countries.

Is the following statement true or false? Most of the countries of Africa are considered newly industrializing countries.

An increase in ________ shifts the production function ________, and makes it possible to produce a higher level of GDP with ________ capital per hour worked.

If GDP grows at a rate of 3% per year, approximately how long will it take for GDP to double in size?