Assume the following data for a country:

category number of people (in millions)
total population 500
population under 16 years of age or institutionalized 120
not in labor force 150
unemployed 23
part-time workers looking for full-time jobs 10
a) what is the size of the labor force (in millions)?
b) what is the official unemployment rate (in percentage)?

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

142"what is the value of n? soefon11402bebe99918+19: 00esseeshop60-990 0esle

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.