Multiple Choice
Using the definition of unemployment, which of the following individuals would be unemployed?
A) 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.
B) A full- time student quits school, enters the labor market for the first time, and searches for employment.
C) 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.
D) All of these individuals are unemployed.
Correct Answer:

Verified
Correct Answer:
Verified
Q333: An increase in the price level is
Q334: An observer of the economy notices that
Q335: Suppose in 2007 the United States Congress
Q336: Suppose there are currently 100 people unemployed,
Q337: An article in the Financial Times reports
Q339: When real GDP is potential GDP, the
Q340: If a new and better good replaced
Q341: The labor force is defined as the
Q342: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In 2008, consumers
Q343: When the unemployment rate is below the