How is unemployment defined? a) The number of people in the labour force who are actively seeking employment but do not have a paid job b) The number of persons between the ages of 15 and 65 who worked less than 8 hours in the previous week The number of persons over the age of 15 who worked at least 1 hour in the previous week d) The number of persons over the age of 15 who worked less than 8 hours in the previous week The number of persons between the age of 15 and 65 who worked more than 1 hour in the previous week SAMSUNG

How is unemployment defined? a) The number of people in the labour force who are actively seeking employment but do not have a paid job b) The number of persons between the ages of 15 and 65 who worked less than 8 hours in the previous week The number of persons over the age of 15 who worked at least 1 hour in the previous week d) The number of persons over the age of 15 who worked less than 8 hours in the previous week The number of persons between the age of 15 and 65 who worked more than 1 hour in the previous week SAMSUNG

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

How is unemployment defined?
a)
The number of people in the labour force who are actively seeking
employment but do not have a paid job
b)
The number of persons between the ages of 15 and 65 who worked less than
8 hours in the previous week
The number of persons over the age of 15 who worked at least 1 hour in the
previous week
d)
The number of persons over the age of 15 who worked less than 8 hours in
the previous week
The number of persons between the age of 15 and 65 who worked more
than 1 hour in the previous week
SAMSUNG

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