Officially, Alex is not in the labor force.
Given that he is not actually employed (doesn't have an actual job), he cannot be considered part of the labor force. If he had some kind of job other than taking care of his children (even if it's a freelance job he can do from his home), then he would be in the labor force. However, this way, he is not and fall into the same category as unemployed students, for example.
Answer:
There is a general tendency for interest rates and the rate of inflation to have an inverse relationship. ... In general, when interest rates are low, the economy grows and inflation increases. Conversely, when interest rates are high, the economy slows and inflation decreases.
Explanation:
The difference between both nations is tha the venezuelan administration spends all of the oil porceeds now, not saving a pence. chile, by constrast, follows its counter cyclical guidelines and even tries, through fiscal policy, to avoid an excessive appreciation of the chilean peso against the us dollar -a byproduct of the high copper price-, which could lead to some degree of dutch disease, by saving $15 billion abroad. only the interests of it are to be spent for now. hope this helps!
