People who are currently not working but are actively looking for work are officially classified as:

A. unemployed and in the labor force.
B. unemployed and out of the labor force.
C. employed and in the labor force.
D. employed and out of the labor force.


Answer: A

Economics

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Indicate whether the statement is true or false

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Indicate whether the statement is true or false

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Johnny has allocated $30 toward coffee and tea and feels that coffee and tea are perfect substitutes. Due to differences in caffeine levels, his MRS of tea for coffee equals 2. If coffee and tea sell for the same price, Johnny will

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Economics