Who is not counted in the U.S. labor force?
A. a person working at least one hour for pay per week
B. a full-time college student
C. a 70-year-old person who supplements his Social Security payments by working eight hours each week at the minimum wage
D. someone actively looking for a job
E. a person working 15 hours a week or more, not for pay
Answer: B
You might also like to view...
Refer to the scenario above. Tom is likely to get a defective phone if:
A) he pays an amount of $80. B) he pays an amount of $100. C) he pays an amount of $40. D) he pays an amount of $120.
Along a straight-line supply curve:
A. the change in elasticity depends on the supply curve in question. B. elasticity is equal to slope. C. elasticity declines as price declines. D. elasticity rises as price rises.
A monopolist is best described as a price
A. taker. B. searcher. C. maker. D. follower.
On January 1, 2001, El Salvador "dollarized" its economy. The U.S. dollar circulated throughout the country along with the Salvadoran colon for the first year. By the end of 2002, the official currency circulating in the economy was the U.S. dollar. El Salvador abandoned its own currency and adopted the currency of the United States because:
A. the government would still be able to finance deficits by printing U.S. dollars, and inflation would be under control. B. the government would still be able to run deficits by printing money. C. with dollars, monetary policy would be more effective at offsetting demand shocks in the economy. D. the government would no longer be able to finance deficits by printing money, and inflation would be under control.