Ellie chooses to go to college full time rather than to work. Ellie: is not part of the labor force. Is part of the labor
Ellie chooses to go to college full time rather than to work. Ellie: is not part of the labor force. Is part of the labor force and what economists call a discouraged worker. is part of the labor force, but not actively seeking work. Is considered employed. 5 of 50 Government expenditure in the United States is close to 20% of GOP and includes spending by all three levels of goverment: federal, state, and local. True O False 6 of 50 Central planning is a key characteristic of which economic system? Free market system CkCommand and control system Price system Mixed economic system 7 of 50 The opportunity cost of attending college is likely to include all except which of the following? Spending time with family and friends The Income you forgo in order to attend classes Hands on experience The cost of groceries during the school term
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