1.

Suppose you are given the following data for Argentina: The country has 100 million people, of whom 50 million are working age. Of these 50 million, 20 million have jobs. Of the remainder: 10. million are actively searching for jobs; 10 million would like jobs but are not searching; and 10 million do not want jobs at all. In Argentina, you can calculate that the labor force is: O A. 30 million. O B. 100 million. O C. 20 million. O D. 40 million. O E. 50 million.Consider an economy where government spending remains constant. Understanding the effects of deficits is an important issue, and we know that the larger the initital debt to GDP ratio, the future tax rates must be. If the country wants to offset this, the real interest rate would have to Additionally, suppose that the government of a country wants to stabilize a $2 trillion debt and the current real interest rate is 9%. In this case, the government must: higher A. eliminate the deficit, decrease the tax rate, and run a primary surplus of $180 billion the following year. O B. eliminate the debt, decrease the tax rate, and run a primary surplus of $180 billion indefinitely. lower O C. eliminate the deficit, increase the tax rate, and run a primary surplus of $180 billion indefinitely. O D. eliminate the deficit, increase the tax rate, and run a primary surplus of $180 billion the following year