A student has not yet graduated from school but is looking for a job. Is the student considered to be in the labor force? Why or why not?
Answer: The labour force we means that the total number employees are available to work. the labour force in every country we take the both employed and unemployed labour force.in the united states the unemployed workers can find through the survey called current population survey. the unemployed labour we means that not only the people have no work but also the people are activly seeking the work. the school going children are cannot be treated as labour force. the employed children we activly in labour participatio we called the child labour.
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A homeowner, frustrated with his next-door-neighbor's refusal to mow his lawn, decides he wants to purchase the house from his neighbor and rent it to a more conscientious person, but his neighbor refuses to sell. In this case,
A) eminent domain would likely be used to reduce transactions costs. B) eminent domain would likely be used to reduce the holdout problem. C) eminent domain would not likely be used. D) eminent domain would likely be used because this transaction would increase cooperative surplus.
Which of the following is a credit item (+) in the U.S. balance of payments?
a. U.S. companies sell merchandise abroad. b. Foreign companies sell merchandise to U.S. consumers. c. U.S. consumers send money to foreign companies. d. Immigrants to the United States send presents of money back to their families in their native countries. e. Immigrants to the United States send presents of goods back to their families in their native countries.
The balance of payments is an accounting statement known as a:
a. trial balance. b. depreciation account. c. balance sheet. d. trade account. e. reconciliation statement.
It should not be surprising if the public sector fails to pay for the right amount or right kinds of basic research because
a. basic research is not a public good. b. the benefits of basic research are hard to measure. c. members of Congress usually have little expertise in science. d. Both b and c are correct.