According to the rule of 70, if the interest rate is 10 percent, about how long will it take for the value of a savings account to double?()
A. about 6.3 years
B. about 7 years
C. about 7.7 years
D. about 10 years
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When opening a print shop you need to buy printers, computers, furniture, and similar items. Economists call these expenditures()
A. capital investment.
B. investment in human capital.
C. business consumption expenditures.
D. personal saving.
Measuring unemployment is the job of the()
A. Congressional Budget Office.
B. Department of Commerce.
Council of Economic Advisers.
D. Bureau of Labor Statistics.
Who of the following are included in the Bureau of Labor Statistics’ “employed” category?()
A. certain unpaid workers
B. part-time workers
C. workers on vacation
D. All of the other three are correct.
The sum of which of the following must be equal to the adult population?()
A. employed, unemployed
B. employed, unemployed, labor force
C. employed, unemployed, not in the labor force
D. employed, unemployed, labor force, not in the labor force