Homework Answers
A 14 years old is not part of the eligible population because his age is below the predetermined age range. In order to be considered as working age, a person has to be atleast 16 years old.
Answer: option A
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Which of these individuals would NOT be counted as part of the eligible population? Select one:...
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...
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
10) Which of the following individuals are not eligible for enrollment in (5pts) Medicare? Individual entitled...
10) Which of the following individuals are not eligible for enrollment in (5pts) Medicare? Individual entitled to railroad disability Insured workers who have end-stage renal disease Persons 60 years old who are eligible for Social Security O Children who have end-stage renal disease 11) Which Part of the Medicare program does not include include a premium? (5pts) Part Part B Part Part 12) Which government-sponsored program provides coverage for active duty service members of
Question: Assess whether the following would be counted as “unemployed” in the Current Employment Statistics survey....
Question: Assess whether the following would be counted as “unemployed” in the Current Employment Statistics survey. Explain each answer. (2 points) a. A husband willingly stays home with children while his wife works. b. A manufacturing worker whose factory just closed down. c. A college student doing an unpaid summer internship. d. A retiree. e. Someone who has been out of work for two years but keeps looking for a job. f. Someone who has been out of work for...
25. Which of the following individuals are required to file a tax return for 2019? Should...
25. Which of the following individuals are required to file a tax return for 2019? Should any of these individuals file a return even if filing is not required? Why or why not? a. Patricia, age 19, is a self-employed single individual with gross income of $5,200 from an unincorporated business. Business expenses amounted to $4900. b. Mike is single and is 67 years old. His gross income from wages was $10,800. c. Ronald is a dependent child under age...
Which of the following is a shortcoming of the unemployment rate? Choose one or more: A....
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
Which of the following individuals would be considered unemployed by the official government definition? Select one:...
Which of the following individuals would be considered unemployed by the official government definition? Select one: O a. George, a mathematician, who returned to graduate school after failing to find a job the last four months b. Gwen, a medical student, who is still in college and is not working c. Morgan, who is employed part-time but desires a full-time job d. Ralph, an auto worker vacationing in Florida during a layoff at a General Motors plant O
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the...
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are full-time workers who would like to work only part-time. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a...
4. The town of Cuomoville consists of the following individuals: Zach is a jet fighter...
4. The town of Cuomoville consists of the following individuals: Zach is a jet fighter pilot in the Air Force. Yvette is employed part time as the Town Librarian. Xavier has his own carpentry business. Wanda works full time at the local flour mill. Victor has not been able to find a job for two years and has given up looking for work, Ursula usually works as a teacher, but she has been home for...
3-26 could be claimed and the standard deduction that the taxpayer is enticled to take in...
3-26 could be claimed and the standard deduction that the taxpayer is enticled to take in 2018 in each of the following independent cases a John, age 66, and his wife, age 64, file a 20. Calculate the number of exemptions that joint return. Jack, age 62 and blind, and his wife. who became 65 on January 1 of the b. following year, file a joint returm than half the support for Jim's father, who lives with chem. Jim's father...
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...
10) Which of the following individuals are not eligible for enrollment in (5pts) Medicare? Individual entitled to railroad disability Insured workers who have end-stage renal disease Persons 60 years old who are eligible for Social Security O Children who have end-stage renal disease 11) Which Part of the Medicare program does not include include a premium? (5pts) Part Part B Part Part 12) Which government-sponsored program provides coverage for active duty service members of
Which of the following is a shortcoming of the unemployment
rate?
Choose one or more:
A. There are too few observations collected monthly. The
small sample size causes inaccurate measurements.
B. Temporary workers are not counted as
employed.
C. If someone is working at a lower-paying job but is
qualified for a higher-paying job, he/she is counted as
unemployed.
D. The unemployment rate does not include discouraged
workers.
Which of the following can lower the level of frictional
unemployment over...
Which of the following individuals would be considered unemployed by the official government definition? Select one: O a. George, a mathematician, who returned to graduate school after failing to find a job the last four months b. Gwen, a medical student, who is still in college and is not working c. Morgan, who is employed part-time but desires a full-time job d. Ralph, an auto worker vacationing in Florida during a layoff at a General Motors plant O
2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If none of the choices apply, leave all of the checkboxes blank.) Check all that apply. They are full-time workers who would like to work only part-time. They have given up on looking for a job. They are counted as part of the labor force by the Bureau of Labor Statistics. They have not looked for a job in 4 weeks (or longer), but they would like a...
3-26 could be claimed and the standard deduction that the taxpayer is enticled to take in 2018 in each of the following independent cases a John, age 66, and his wife, age 64, file a 20. Calculate the number of exemptions that joint return. Jack, age 62 and blind, and his wife. who became 65 on January 1 of the b. following year, file a joint returm than half the support for Jim's father, who lives with chem. Jim's father...
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