Scenario 7.1?Of 1,350 people surveyed, 318 are not working.?The status of those not working is as follows:?122 full-time students?29 discouraged workers?18 in long-term-care facilities?21 seeking employment and aged 16 or older?50 retirees?63 under age 16
15 working in the underground economy and not looking for a "real" job?Eight of those working were under 16 years of age.
-Refer to Scenario 7.1. If any two individuals who were actively looking for a job, got tired of not finding one and decided to become full-time students, then:
A) the official unemployment rate would remain unchanged.
B) the U.S. Bureau of Labor Statistics would have to be informed immediately.
C) the official unemployment rate would increase.
D) the number of people officially in the labor force would remain unchanged.
E) the official unemployment rate would decrease.
Correct Answer:
Verified
Q21: Scenario 7.2
Suppose it has been recently predicted
Q22: Scenario 7.1
Of 1,350 people surveyed, 318 are
Q27: Scenario 7.1
Of 1,350 people surveyed, 318 are
Q28: Scenario 7.2
Suppose it has been recently predicted
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