In Normal Times the Number of Discouraged Workers Is Approximately

question 91

Multiple Choice

In normal times the number of discouraged workers is approximately ________ of the labor force.

• A) 0.5%
• B) 1%
• C) 3%
• D) 4%

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded; also known as market-clearing price.