Changes in the prices of goods and services typically purchased by consumers. th

Question

Changes in the prices of goods and services typically purchased by consumers. the level of prices for intermediate goods and services purchased by business. the level of prices for raw materials. the prices of all goods and services computed from the ratio of nominal GDP to real GDP. the total labor force. the total population of working age. the total number of people actively working the total number of people not unemployed. To be counted as unemployed, one must: have had a jot previously be out of work and be actively looking for a job. have had a job before and be actively looking for work. be actively looking for a job and have at least a high-school diploma or its equivalence.

Explanation / Answer

(1.29) CPI reflects change in price of goods & services typically purchased by consumers.

(1.30) Employment is total number of people actively working.

(1.31) Unemployed person must be out of work but actively looking for a job.

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