Who among the following is neither employed nor unemployed?
a. Susan, who is currently jobless because of an accident but is available for work
b. Greg, who is a doctor working at a community hospital
c. Steve, who is a civil engineer working for a construction company
d. Izzie, who is currently jobless and has given up her job search due to market-related reasons
d
You might also like to view...
Suppose there is no unemployment in the economy and society decides that it wants more of one good. Which of the following statements is true?
A) It can only achieve this with an advance in technology. B) It will have to give up production and consumption of some other good. C) It can only achieve this with an increase in resource supplies. D) It can increase output without giving up another good.
Economics teaches us that
a. every choice has costs associated with it because resources are scarce. b. if all resources were abundant there would be no need to economize or to agonize over decisions. c. judgements have to be made as to the best means to obtain a desired objective. d. All of the above.
Which of the following is a market imperfection that might explain persistent wage differentials within an occupation?
A. Movement of labor from lower-wage to higher-wage jobs. B. Readily available information about job opportunities and pay. C. Principal-agent problems. D. Discrimination.
Treasury bills are government securities that
A. mature in more than five years. B. mature in less than one year. C. have no maturity date. D. have an infinite maturity date.