To be counted in the labor force
A) a person has to be working at least 40 hours per week.
B) a person has to be at least 16 or older, have a job, or if unemployed has to be actively seeking employment.
C) a person, irrespective of his or her age, has to be working or, if out of work, actively seeking employment.
D) a person has to be over 16 years of age, irrespective of whether she or he is actively seeking work.
Correct Answer:
Verified
Q77: The definition of the adult population is
Q78: Unemployment is a
A) flow concept.
B) stock concept.
C)
Q79: Suppose that last week 100,000 people lost
Q80: Distinguishing between stock measures and flow measures,
Q81: One criticism of the unemployment rate is
Q83: In a small country, there are 5,000
Q84: The labor force participation rate is the
A)
Q85: An increase in the labor force participation
Q86: A new entrant is an individual
A) in
Q87: To be counted as unemployed in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents