Multiple Choice
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 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.
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
Q64: Suppose the population is 220 million people,
Q65: The Consumer Price Index is a measure
Q67: If the CPI this year is 220
Q68: Discouraged workers_ counted as officially unemployed because
Q70: In an economy, 43 million people are
Q71: <span class="ql-formula" data-value="\begin{array} { | l |
Q72: An individual is structurally unemployed if<br>A) there
Q73: Full employment means<br>A) only frictional and structural
Q74: The total number of people aged 16
Q324: What is inflation and how is it