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 age 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 officially in the labor force would remain unchanged.
E) the official unemployment rate would decrease.
Correct Answer:
Verified
Q21: Which of the following is true about
Q22: In the official labor statistics, discouraged workers
Q23: To be counted as part of the
Q24: Scenario 7.1 Of 1, 350 people surveyed,
Q25: Which of the following is true of
Q27: Scenario 7.2 Suppose it has been recently
Q28: Assume that the U.S.labor force consists of
Q29: The official unemployment rate is:
A)the number of
Q30: Which of the following people does an
Q31: Scenario 7.1 Of 1, 350 people surveyed,
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