Question

Rebecca's contract position with Elections Canada ended after the federal election. She is now looking for another job, but has not yet found one. Which pair of categories does Rebecca now belong to? a. unemployed and in the labour force O b. employed and not in the labour force O cunemployed and not in the labour force d. employed and in the labour force oooo

Answer 1

option A because Rebecca is looking for a job and she is also willing to have one which is necessary condition for being unemployed. And since she has not left the labour force she is also a part of the labour force

Option B because when quality is deteriorated, people are not willing to pay more for it and this implies that the purchasing power of dollar decreases. when this change is not accounted for the consumer price index understates the true cost of living.