Multiple Choice
Which of the following statements is FALSE?
A) A person must be out of work and actively seeking work to be considered unemployed.
B) The participation rate is the percentage of workers in the labor force currently holding a job.
C) The labor force includes all persons 16 years of age and older who are working or actively seeking work.
D) Discouraged workers are persons who have dropped out of the labor force after an unsuccessful search for a job.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Based on the U.S. Bureau of Labor
Q2: Which of the following statements is true?<br>A)
Q3: Unemployment results in an economic loss for
Q4: A price index measures the:<br>A) dollar change
Q5: Demand-pull inflation occurs when:<br>A) taxes are increasing.<br>B)
Q7: The participation rate for full-time college students
Q8: Which is NOT a direct consequence of
Q9: Structural unemployment could be caused by:<br>A) changes
Q10: Discouraged workers:<br>A) are not counted as part
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9874/.jpg" alt=" -If year 2