Which of these persons is officially classified as being "not in the labor force"?
A) Alex, who was fired from his job two months ago and is searching for a new job.
B) Bob, who would start looking for work if he thought he could get a good job.
C) Cole, who has never worked but just started looking for work two weeks ago.
D) Durk, who is working at a low wage job that does not challenge him.
Correct Answer:
Verified
Q34: How is the monthly unemployment rate determined
Q35: It has been said that teaching assistants
Q36: Which area pays the highest real wage?
A)
Q37: Workers in an industry are probably underpaid
Q38: Which of the following occurs if a
Q40: Which of the following events could explain
Q41: Nonmarket forces can prevent a labor market
Q42: Suppose the price of capital in the
Q43: Suppose the labor supply curve is as
Q44: Draw a hypothetical labor demand curve for
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