Who would NOT be counted among the unemployed?
A. A stay-at-home parent who reentered the workforce and was subsequently laid off
B. A factory worker fired due to incompetence
C. A fast-food worker laid off due to lack of work
D. A full-time student pursuing a degree instead of working
Answer: D
You might also like to view...
Which of the following is an example of market "production," as used by economists?
A) Katrina works as a cashier at the local produce stand. B) Heidi makes a pizza for her family's dinner. C) Garvey takes out a low-cost government loan to start his pet-sitting business. D) The theatre and film studies department in Fine Art's College stages a play at the local theatre.
Refer to Table 4.2. If you choose to invest in Japanese bonds, your investment return from Scenario D will be
A) 1%. B) 3%. C) 7%. D) 13%.
A natural monopoly is
A. An industry that is dominated by a single firm. B. An unregulated monopoly. C. An industry in which one firm can achieve economies of scale over the entire range of market supply. D. A monopoly that always benefits society even when it is unregulated.
Coordination problems in large firms might lead to:
A. horizontal marginal cost curves. B. downward-sloping marginal cost curves. C. upward-sloping short-run average cost curves. D. upward-sloping long-run average cost curves.