An executive who is laid off during a recession and must take a part-time job at a fast-food restaurant to feed his family is considered
A) unemployed in the official statistics.
B) employed in the official statistics.
C) a discouraged worker and thus not in the labor force by the official statistics.
D) underemployed and thus counted only fractionally in the official statistics.
E) none of the above.
Correct Answer:
Verified
Q49: Which of the following would help increase
Q50: If unemployment were 5 percent compared with
Q51: In a recession in which employment is
Q52: Even though recessions cause hardships for the
Q53: Since the 1950s, unemployment has
A) risen sharply
Q55: Suppose that an economy suffering with unemployment
Q56: The most significant factor contributing to changes
Q57: In an economy that is in a
Q58: If an economy with a natural rate
Q59: When employment falls below its natural rate,
A)
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