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se the following table to answer the question. Numbers are in the millions.
| Total population | 342.6 |
| Adult population | 222.7 |
| Number of unemployed | 9.4 |
| Number of employed | 135.3 |
The labor force is _______.
ere’s the calculation:Labor Force=Number of Employed+Number of Unemployed\text{Labor Force} = \text{Number of Employed} + \text{Number of Unemployed}Labor Force=Number of Employed+Number of UnemployedLabor Force=135.3 million+9.4 milli...
Read Morea. not in the labor force...
Read Morec. the natural rate of unemployment...
Read Mored. the money multiplier and the money supply decrease...
Read Moree. open-market operations, lending to banks, reserve requirements, and paying interest on reserves...
Read Moreb. Assets minus liabilities equals owner's equity or capital....
Read More...
Read Morea. we cannot be certain what will happen to the money supply...
Read Mored. the money supply is unaffected...
Read Morea. $10,000Money Multiplier=Reserve Ratio1Given a reserve ratio of 10% (or 0.10):Money Multiplier=10.10=10\text{Money Multiplier} = \frac{1}{0.10} = 10Money Multiplier=0.101=10If the Fed purchases a $1,000 government bond and you deposit the entire amount in your bank, the total...
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