The Bureau of Labor Statistics counts underemployed persons as those who are currently working:
A. less than they would like to be.
B. in a job for which they are overqualified for.
C. less hours than their employer requires full-time workers to work.
D. in a field that doesn’t add a lot to overall GDP.
A. less than they would like to be.
You might also like to view...
The M1 money supply consists of:
a. only coins and currency held by the nonbank public b. certificates of deposit only. c. coins and currency held by the nonbank public, checkable deposits, and traveler's checks. d. money market mutual fund accounts, savings accounts, and other miscellaneous near-monies. e. only paper currency.
Medicare subsidizes or provides health care to the poor and medicaid provides health care to the elderly
a. True b. False Indicate whether the statement is true or false
The financial crises of the 1990s pointed out that small developing countries have a vulnerability to globalization in terms of _____
a. environment b. labor standards c. international capital flows d. the judicial system e. child labor
List some of the reasons why GDP should not be considered an effective measure of the standard of living in a country.
What will be an ideal response?