Which of the following statements is FALSE?
A) A person must be out of work and actively seeking work to be considered unemployed.
B) The participation rate is the percentage of workers in the labor force currently holding a job.
C) The labor force includes all persons 16 years of age and older who are working or actively seeking work.
D) Discouraged workers are persons who have dropped out of the labor force after an unsuccessful search for a job.
Correct Answer:
Verified
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Q174: Unemployment causes a loss for society because:
A)
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Q176: When a person is out of work
Q178: Which of the following statements is true?
A)
Q179: When the inflation rate goes up, the
Q180: Which of the following statements is true?
A)
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Q182: The base year in a price index
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