Question
48) In September 2014, the official U-3 unemployment rate dropped from 6.1 percent to 5.9 percent. This change could have been caused by A) part-time
48) In September 2014, the official U-3 unemployment rate dropped from 6.1 percent to 5.9 percent. This change could have been caused by
A) part-time workers getting a full-time job.
B) full-time workers becoming part-time workers.
C) workers who had previously given up looking for a job starting to look again.
D) unemployed workers giving up looking for a job.
49) The relative price of a good is
A) equal to the price of that good divided by the quantity demanded of the good.
B) an opportunity cost.
C) equal to the money price of a good.
D) what you get paid for babysitting your cousin.
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