Using the definition of unemployment, which of the following individuals would be unemployed?
A) A full-time student quits school, enters the labor market for the first time, and searches for employment.
B) Because of the increased level of automobile imports, an employee of General Motors is laid off but expects to be called back to work soon.
C) Because of a reduction in the military budget, your next door neighbor loses her job in a plant where nuclear warheads are made and must look for a new job.
D) All of these individuals are unemployed.
Correct Answer:
Verified
Q24: The unemployment rate equals the number of
A)
Q25: If the number of people unemployed is
Q26: Which of the following people would be
Q27: Which of the following best fits the
Q28: Using the official measure of unemployment, which
Q30: The unemployment rate equals
A) (the number of
Q31: The unemployment rate equals
A) (number of people
Q32: The unemployment rate is calculated as
A) [(labor
Q33: The official U-3 unemployment rate includes the
Q34: The unemployment rate is defined as the
A)
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