If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as
A) not in the labor force.
B) not in the working-age population.
C) unemployed.
D) in the labor force but not in the working-age population.
E) employed.
A
You might also like to view...
The average propensity to consume (APC) is
A) the rate at which real consumption spending changes over time. B) the percentage of real disposable income saved. C) the percentage of additional real disposable income that will go toward additional consumption spending. D) the percentage of real disposable income consumed.
If two variables are unrelated, a scatter diagram of those variables will
A) be a vertical line. B) be a horizontal line. C) be either a vertical or horizontal line. D) have a constant positive slope.
A one-year discount bond with a face value of $10,000 that is currently selling for $9400 has an interest rate of
A) 3.10%. B) 6%. C) 6.38%. D) 60%.
Government programs that protect people experiencing unfavorable economic conditions
a. free enterprise b. traditional economy c. incentive d. safety net e. socialism