Solved

When One Worker Is Unemployed for One Year

Question 7

Multiple Choice

When one worker is unemployed for one year,


A) we no longer include that worker in labour-force statistics.
B) there may be significant personal costs,but there is no cost to the economy.
C) it is not a problem because as soon as the worker is employed again,any loss of output goes away.
D) there is no effect on national income.
E) the output this worker would have produced is lost forever.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents