Consider the following graph to answer the next five questions. During which year was U.S. average income climbing the most rapidly?

If the unemployment rate is 5.5% and the number of unemployed persons is 15 million, the number of people who are employed is approximately

Use the following table to answer the next three questions: According to the above table, the labor force participation rate is

An accurate measure of gross domestic product (GDP) is derived by adding the

Changes in the population can affect demand because these changes

Muscle! paper towel company sells 100,000 six-packs of towel rolls when the price is $10 per pack. At that same price, LotsaTowel! sells 80,000 six-packs. When the price drops to $8.00, Muscle! sells 120,000 six-packs of paper towels and LotsaTowel sells 95,000 packs. What is the market supply at $8.00?

Brian Murphy is a political consultant for a candidate in Massachusetts. Mr. Murphy’s candidate is defeated in the November election, and, as a result, Mr. Murphy finds himself unemployed. Mr. Murphy’s unemployment is classified as ________ unemployment.

Typically during a recession, the percentage of the total unemployed that are classified under short-term unemployment ________ and the percentage classified as long-term unemployment ________.

If you mow your own lawn, the value of the service produced _______ counted in gross domestic product (GDP). If you hire a lawn service company to mow your yard, the value of the service produced _______ counted in GDP.

Consider the following data, which shows expenditures in an economy, to answer the next three questions. This economy’s investment spending equals ________ billion.