The term discouraged worker refers to an individual who:
a. prefers full-time employment but works only part time
b. has given up looking for a job because he has lost the hope of getting a new job.
c. is jobless because of the seasonal nature of his job.
d. is jobless because of a recession in the economy.
b
You might also like to view...
Who gains in voluntary trade
Compare perfect competition and monopolistic competition. In what ways are they similar? In what ways are they different?
What will be an ideal response?
Ricardian equivalence implies
A) that when the government borrows more, the market real interest rate goes up. B) that if the government saves less, then the nation saves less. C) that when taxes are cut people consume more. D) that consumers will save their tax cuts to pay their future taxes.
The change in total output when one additional unit of labor is hired is known as the
a. capacity utilization rate b. average product of labor c. marginal product of labor d. total product of labor e. marginal output of labor