Who of the following would be counted as unemployed in Canada?
A) Vik, who has been staying at home watching "The Old and the Boring" soap opera, and not searching
since he was laid off at the flour mill.
B) James, who is a full-time student looking for a part-time job.
C) Emmanuel, who lost his job at the steel plant when an automated assembly line was introduced six months ago, and has been job searching every day.
D) Caitlin, who is 14 years old, and looking for a babysitting job.
E) Youngmin, who is a part-time hamburger flipper looking for a full-time job.
C) Emmanuel, who lost his job at the steel plant when an automated assembly line was introduced six months ago, and has been job searching every day.
You might also like to view...
When taxes alter individual behavior as people attempt to avoid the tax, efficiency
a. losses are probable. b. gains are possible. c. gains are impossible. d. losses are impossible.
A lower price elasticity of demand coefficient occurs when:
A. many substitutes exist. B. the quantity demanded is more responsive. C. few substitutes exist. D. the market is broadly defined.
According to the rational inattention theory, during the periods between informational updates
A. firms always change product prices more than the inflation rate. B. firms fail to fully adjust product prices. C. firms change the wages of their employees but keep product prices unchanged. D. firms fully adjust product prices.
The natural rate of unemployment is:
A. higher than the full-employment rate of unemployment. B. lower than the full-employment rate of unemployment. C. that rate of unemployment occurring when the economy is at its potential output. D. found by dividing total unemployment by the size of the labor force.