A person who has given up searching for work is called:
a. a discouraged worker.
b. unemployed.
c. frictionally unemployed.
d. structurally unemployed.
a
You might also like to view...
Governments can help combat unemployment and inflation because they have the power to
a. decrease aggregate demand to attack unemployment and increase aggregate demand to attack inflation b. increase aggregate supply to attack unemployment and decrease aggregate demand to attack inflation c. increase aggregate supply to attack unemployment and decrease aggregate supply to attack inflation d. increase aggregate demand to attack unemployment and increase aggregate demand to attack inflation e. increase aggregate demand to attack unemployment and decrease aggregate demand to attack inflation
Goods that consumers regard as luxuries generally have
a. an income elasticity equal to 1. b. an income elasticity less than 1. c. an income elasticity greater than 1. d. a negative income elasticity.
The ________ measures a worker's earnings in current dollars, or the amount on a worker's paycheck, while the ________ measures the wage in constant dollars, or the purchasing power of the worker's earnings
a. real wage; living wage b. living wage; real wage c. before-tax wage; after-tax wage d. nominal wage; real wage
The bottom 80 percent of families in Alpha receive approximately what percentage of total income? (See Figure 33.1.)
A. 60 percent. B. 80 percent. C. 50 percent. D. 40 percent.