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In 2015 the Japanese adult non-institutionalized population was 110.7 million, the labor force was 66 million, and the number of people employed was 63.7 million. According to these numbers, the Japanese labor-force participation rate and unemployment rate were about

Economists use the term inflation to describe a situation in which:

All else equal, when people become more optimistic about a company’s future, the:

In 1983, one could buy a model radio-controlled airplane for $11.50 each. Those same planes are available today and the price increased at exactly the rate of inflation. If the CPI today is 220.5 and in 1983 was 105, what is the price of the airplane today?

A mutual fund:

Suppose the government finds a major defect in one of a company’s products and demands that the product be taken off the market. We would expect that the:

The steps involved in calculating the consumer price index and the inflation rate, in order, are as follows:

In which case would people desire to borrow the most?

Which of the following statements about the term of a bond is correct?

All else equal, if there are diminishing returns and constant returns to scale, then what happens to productivity if capital and labor both increase but capital increases by more?