To be officially unemployed,a person must:
A) be in the labour force
B) be 21 years of age or older
C) have just lost a job
D) be waiting to be called back from a layoff
E) be collecting Employment Insurance
Correct Answer:
Verified
Q16: A lender need not be penalized by
Q17: Recently a labour union argued that the
Q18: Suppose that a person's nominal income rises
Q19: Which of the following statements is correct?
A)Real
Q20: Suppose that a person's nominal income rises
Q22: Suppose that there are 1 million unemployed
Q23: If nominal GDP rises:
A)real GDP may either
Q24: Cyclical unemployment is a consequence of:
A)downturns in
Q25: Although economists disagree as to the level
Q26: Suppose that nominal GDP in 2006 was
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