Cheryl graduated from college a month ago and is now without work. She accepted a job that will start next month. Today, Cheryl is

A. employed.
B. a discouraged worker.
C. in the labor force.
D. not in the labor force.


Answer: C

Economics

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Refer to the following graph. The long run equilibrium price would most likely be



a. $1.80.
b. $1.60.
c. $1.20.
d. $0.60.

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A repurchase agreement of government securities by the Fed

A) permanently increases bank reserves. B) temporarily increases bank reserves. C) permanently reduces bank reserves. D) temporarily reduces bank reserves.

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Perfectly competitive markets maximize the sum of producer and consumer surplus

a. True b. False

Economics

The lack of investment in developing countries is at least in part attributable to:

A. high levels of foreign aid. B. low levels of domestic savings. C. inappropriate education. D. overpopulation.

Economics