A discouraged worker is defined as
A) someone who is working at a job he dislikes.
B) someone who is overqualified for the job she currently holds.
C) someone who would like to work full time but is only working part time.
D) someone who has given up actively looking for a job after an extended period of unemployment.
D
You might also like to view...
Refer to the table below. Suppose the perfectly competitive market for dairy products had a 40 percent chance of a high price of $3.00 and a 60 percent chance of a low price of $2.00. However, both Happy Cows and Free Cows have revised their probabilities and now believe that the probability of a high price of $3.00 is 80 percent and the probability of a low price of $2.00 is 20 percent. If the
managers of Happy Cows want to maximize expected profit based on the new probabilities by how much will they change the quantity produced?
Happy Cows and Free Cows are two separate perfectly competitive dairy farms. The table above shows the respective firms' marginal cost at various production levels.
A) Happy Cows will decrease their production by 20 units.
B) Happy Cows will decrease their production by 40 units.
C) Happy Cows will increase their production by 40 units.
D) Happy Cows will increase their production by 20 units.
If land is not in demand, its rent will be _________.
Fill in the blank(s) with the appropriate word(s).
The largest U.S. government training program is
A. the armed forces. B. R&D. C. public education. D. the FBI.
Comparative advantage refers to the ability to produce at a lower financial cost than a competitor.
Answer the following statement true (T) or false (F)