John earned a PhD in biomedical engineering, and works full-time as a faculty member at the local university. He also does some private consulting work on the side. He would like to give up teaching and do consulting full-time, but he fears there isn't enough demand for it. The best way to describe John is to say he is:
A. a discouraged worker.
B. underemployed.
C. overemployed.
D. employed.
D. employed.
You might also like to view...
Differentiate between the coordination problem and the incentive problem
What will be an ideal response?
Cities included all of the following economies of scale except
(a) Transportation (b) Sanitation (c) Crime (d) Education
The official unemployment rate is:
a. the number of unemployed people divided by the number of employed people. b. the number of unemployed people divided by the total size of the population. c. the number of unemployed people divided by the size of the non-institutionalized population. d. the number of unemployed people divided by the size of the labor force. e. the number of unemployed people divided by the number of people aged 16 or under.
Private investment expenditure, adds to the nation's existing stock of capital
a. True b. False