26. The labor force includes A. All persons over the age 16 who are either worki

Question

26. The labor force includes A. All persons over the age 16 who are either working for pay or actively seeking paid employment B. All persons over the age 16 who are working for pay. C. All persons over the age 21 who are either working for pay or actively seeking paid employment. D. All persons over the age 21 who are working for pay 27. The index of leading indicators is a factor that A. We can observe today that is logically linked to future economic performance B. Generally moves in a positive direction before recessions. C. Is published weekly and provides forecasts of the economy three to six months in advance D. Is a mathematical summary of the economy's past performance. 28. Policy tools include A. Population growth, spending behavior, and invention. B. Wars, natural disasters, and trade disruptions. C. Tax policy, government spending, and the availability of money. D. External shocks and internal market forces. 29. Fiscal policy includes all of the following except A. Tax cuts. B. Tax increases. C. Interest rate increases. D. Discretionary spending by the government

Explanation / Answer

26. Labor force includes - Answer will be (A).

16 years of age and older who are working or actively seeking work.

27. The indes of leading indicators is a factor that - Answer will be (C)

It publishes weekly and provides forecast of the economy three to six months in advance.

A measurable economic cause that changes before the economy starts to follow a particular pattern or trend.

28. Policy tools includes - Answer will be (C)-Tax policy, government spending, and the availability of money.

29. Fiscal policy includes all of the following except. The answer will be (C) Interest rate increases.

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