Explore the data and then answer the question. How many people were in the labour force in the data you've just explored? OA. 16.63 million OB. 31.11 million O C. 19.29 million OD. 11.82 million Of the 16.63 million employed, 2.58 million had part-time jobs, ... and 0.65 million of them wanted a full-time job but couldn't find one. Reset 0 Population Working-age population Labour force Employed Full time Full time 5 10 Not in labour force 15 Part time Voluntary part time Unemployed Involuntary part time 20 25 Other 30 40 35 Population (million X

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Explore the data and then answer the question.
How many people were in the labour force in the data you've just explored?
OA. 16.63 million
O B. 31.11 million
O C. 19.29 million
O D. 11.82 million
Of the 16.63 million
employed, 2.58 million had
part-time jobs, ...
and 0.65 million of them
wanted a full-time job but
couldn't find one.
Reset
0
33
Population
Working-age population
Labour force
Employed
Full time
Full time
5
L
10
Not in
labour force
↓
15
Unemployed
Part time
Voluntary part time
L
20
Involuntary part time
↓
25
Other
1
30
40
35
Population (million
X
Transcribed Image Text:Explore the data and then answer the question. How many people were in the labour force in the data you've just explored? OA. 16.63 million O B. 31.11 million O C. 19.29 million O D. 11.82 million Of the 16.63 million employed, 2.58 million had part-time jobs, ... and 0.65 million of them wanted a full-time job but couldn't find one. Reset 0 33 Population Working-age population Labour force Employed Full time Full time 5 L 10 Not in labour force ↓ 15 Unemployed Part time Voluntary part time L 20 Involuntary part time ↓ 25 Other 1 30 40 35 Population (million X
What is the equation of the supply curve in the graph?
The equation of the supply curve in the graph is
O A. Qs = 50 + 20P
OB. P = 50+20Qs
OC. P=50-20Qs
O D. P=20+50Qs
300-
200
100-
Price
Quantity
S
10
Transcribed Image Text:What is the equation of the supply curve in the graph? The equation of the supply curve in the graph is O A. Qs = 50 + 20P OB. P = 50+20Qs OC. P=50-20Qs O D. P=20+50Qs 300- 200 100- Price Quantity S 10
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