Principals Of Economics - List some constraints on our labor force that prevent our fully using our plant and equipment 24 hours a day, seven days a week

An Excel template is provided for your Problem Sets. Each problem is presented on a separate worksheet represented by the tabs at the bottom of the Excel worksheet.

You must submit only one Excel file for your Problem Sets. To receive full credit, all work must be shown and the final answer(s) must be highlighted in yellow, unless answers are derived from a graph and/or tables.

There are 15 Problems.

Question 1: List some constraints on our labor force that prevent our fully using our plant and equipment 24 hours a day, seven days a week

Question 2: When we are efficiently allocating our resources and using the best available technology, we are operating on our _________________________.       

Question 3: Economic growth can be attained by:

Question 4: Full employment implies an unemployment rate of about ____________ percent.