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Which of the following individuals would be considered unemployed by the official government definition? Select one:...
Using the definition of unemployment, which of the following individuals would be unemployed? Select one: a....
Using the definition of unemployment, which of the following individuals would be unemployed? Select one: a. Because of a reduction in the military budget, your next door neighbor loses her job in a plant where nuclear warheads are made and must look for a new job. b. Because of the increased level of automobile imports, an employee of General Motors is laid off but expects to be called back to work soon. c. All of the below or above individuals...
Using the official measure of unemployment, which of the following people is considered unemployed? Select one:...
Using the official measure of unemployment, which of the following people is considered unemployed? Select one: a. a part-time worker who wishes to work full time b. a person who gave up looking for jobs because he or she was discouraged about his or her job prospects c. a person who is working but expects to be laid off at the end of the month d. a person who has been searching for work, but turns down a job paying...
Who would be counted as unemployed according to official statistics? Select one: a. Rick, who has...
Who would be counted as unemployed according to official statistics? Select one: a. Rick, who has recently retired b. Peppy, who is waiting to be recalled after a temporary layoff c. Bryan, who neither has a job nor is looking for one d. Chris, a full-time student who is not looking for work
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
Which of the following is a positive economic statement? a. Too much government spending is the...
Which of the following is a positive economic statement? a. Too much government spending is the biggest problem facing the U.S. economy. b. Creating jobs is the most serious problem facing the U.S. economy. c. Raising taxes provides additional revenue that should be used to finance health care. d. If taxes are over 50 percent of national income, job creation falls. Which one of the following would be classified as employed? a. a parent who works 50 to 60 hours...
Which of the following individuals will be considered frictionally unemployed? Select one: a. Erika gets laid...
Which of the following individuals will be considered frictionally unemployed? Select one: a. Erika gets laid off from her job as a stock broker after the stock market collapses b. Monica has to stop working as a ski instructor and look for a new job in April O C. Greg decides to move from Myrtle Beach to Chicago and look for a job there d. Dennis can no longer find a job as a taxi driver because of the popularity...
Question 18 (3 points) Which one of the following individuals is NOT counted as unemployed? O...
Question 18 (3 points) Which one of the following individuals is NOT counted as unemployed? O A 50-year-old woman laid off from her former job because of a downturn in the company's sales and is looking for another job. O A 35-year-old woman fired from her prior work because of poor performance and is looking for another job. O A 22-year-old aspiring actress currently without any show business employment, but she is working temporarily as a waitress while she auditions...
Which one of the following people would NOT be counted as "unemployed"? Question 6 options: (A)...
Which one of the following people would NOT be counted as "unemployed"? Question 6 options: (A) A young mother on welfare who can't work because her husband left her and she has no one else to take care of her children. (B) A recent high-school graduate who quit his first job working in a grocery store so that he can apply for jobs that better fit his interests and start right away if he gets an offer. (C) A student...
QUESTION 22 Which of the following people are not considered part of the official US labor...
QUESTION 22 Which of the following people are not considered part of the official US labor force? a 20 year old working part-time while attending college a person who lost his job and gives up looking for a new one a laid-off steel worker a free-lance blogger QUESTION 23 Who gains from unexpected inflation? savers lenders retired people on fixed incomes borrowers QUESTION 24 If the nominal interest rate is 8% and the inflation rate is 2%, then the real...
macroeconomic Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not...
macroeconomic
Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not in LF) of the following? a. A bank manager who is currently not working because she took a year off to take care of a newborn child. b. A 14 year old who works 10 hours per week at Six Flags. c. A 16-year-old who is doing 20 hours per week of unpaid work in his father's business. d. An auto worker whose union...
Using the definition of unemployment, which of the following individuals would be unemployed? Select one: a. Because of a reduction in the military budget, your next door neighbor loses her job in a plant where nuclear warheads are made and must look for a new job. b. Because of the increased level of automobile imports, an employee of General Motors is laid off but expects to be called back to work soon. c. All of the below or above individuals...
Using the official measure of unemployment, which of the following people is considered unemployed? Select one: a. a part-time worker who wishes to work full time b. a person who gave up looking for jobs because he or she was discouraged about his or her job prospects c. a person who is working but expects to be laid off at the end of the month d. a person who has been searching for work, but turns down a job paying...
Question 15 1 pts Official unemployment is identified as when: a worker leaves her job to attend school full-time. O a worker who is not currently employed is searching for a job unsuccessfully. O a worker retires from her job. a worker who is not currently employed stops searching for a job because she feels there is no job available for her. a worker who is not currently employed stops searching for a job. Question 16 1 pts The main...
Which of the following individuals will be considered frictionally unemployed? Select one: a. Erika gets laid off from her job as a stock broker after the stock market collapses b. Monica has to stop working as a ski instructor and look for a new job in April O C. Greg decides to move from Myrtle Beach to Chicago and look for a job there d. Dennis can no longer find a job as a taxi driver because of the popularity...
Question 18 (3 points) Which one of the following individuals is NOT counted as unemployed? O A 50-year-old woman laid off from her former job because of a downturn in the company's sales and is looking for another job. O A 35-year-old woman fired from her prior work because of poor performance and is looking for another job. O A 22-year-old aspiring actress currently without any show business employment, but she is working temporarily as a waitress while she auditions...
QUESTION 22 Which of the following people are not considered part of the official US labor force? a 20 year old working part-time while attending college a person who lost his job and gives up looking for a new one a laid-off steel worker a free-lance blogger QUESTION 23 Who gains from unexpected inflation? savers lenders retired people on fixed incomes borrowers QUESTION 24 If the nominal interest rate is 8% and the inflation rate is 2%, then the real...
macroeconomic
Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not in LF) of the following? a. A bank manager who is currently not working because she took a year off to take care of a newborn child. b. A 14 year old who works 10 hours per week at Six Flags. c. A 16-year-old who is doing 20 hours per week of unpaid work in his father's business. d. An auto worker whose union...
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