Scenario: Suppose an Economy Consists of Only the Following Economic

question 139

Multiple Choice

Scenario: Suppose an economy consists of only the following economic agents: 2 million full-time workers, 1 million part-time workers, 1 million people who have been laid off by their employers but are currently looking for employment, 1 million children aged 15 years or younger, and 2 million housewives not looking for jobs.
-Refer to the scenario above.What is the number of employed workers in the economy?

• A) 1 million
• B) 2 million
• C) 3 million
• D) 4 million

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Definitions:

Actin

A protein that is essential for the contraction of muscle cells and plays a role in various types of cell movement and structure.

Blood

A vital bodily fluid in humans and other animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away.

Cartilage

A flexible, connective tissue found in various forms in the larynx and respiratory tract, joints, and ear.

Nerve

A bundle of fibers that transmits electrical impulses toward and away from the brain and central nervous system.