Question 38, Katherine was laid off from her job 11 months ago. After searching for a job for months, Katherine gives up her job search because she feels there are no jobs available for her. Economists would classify Katherine as O a) employed. O b) in the labor force. c) unemployed. Od) a marginally attached worker. O e) underemployed.

Question 38, Katherine was laid off from her job 11 months ago. After searching for a job for months, Katherine gives up her job search because she feels there are no jobs available for her. Economists would classify Katherine as O a) employed. O b) in the labor force. c) unemployed. Od) a marginally attached worker. O e) underemployed.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 5SCQ: Beginning in the 1970s and continuing for three decades, women entered the U.S. labor force in a big...

See similar textbooks

Similar questions

What is the difference between being unemployed and being out of the labor force?
Beginning in the 1970s and continuing for three decades, women entered the U.S. labor force in a big way. If we assume that wages are sticky in a downward direction, but that around 1970 the demand for labor equaled the supply of labor at the current wage rate, what do you imagine happened to the wage rate, employment, and unemployment as a result of increased labor force participation?
QUESTION 21 2010 2018 Civilian noninstitutionalized population(aged 16 or older) 223,830 257,791 Population 309,780 327,436 Unemployed 20,808 16,306 Employed 159,077 145,764 Not in the labor force 43,945 95,721 Between 2010 and 2018, the employment-population ratio регcent. OA. fell to 56.5 O B. fell to 60.4 O C. rose to 90.4 O D. stayed more or less the same, at about 45.0 O E. rose to 60.4 W E T.
Who of the following would be included in the Bureau of Labor Statistics' "unemployed" category? Select one: O a. Cambry, a full-time student O b. Carson, who has retired O c. All of the above are correct. O d. Eric, who is on temporary layoff
Refer to Table 10. The labor force participation rate is (CLOS # 2) Table 10 Category Number Employed 120,000 Unemployed 10,000 Not in the iabor 20,000 force Select one: O a. 75.3%. O b. 82.8%. O c. 86.67%. O d. 77.2%.
Edgar is working part-time. Diane is on layoff. Who is included in the Bureau of Labor Statistics' "employed" category? Select one: O a. both Edgar and Diane O b. only Edgar O C. neither Edgar nor Diane O d. only Diane 4
Joe works for pay at a local newspaper 20 hours per week as a columnist, and spends 20 hours per week writing his first novel, which he hopes (without any advance offers from publishers) to get published someday (he plans to get in touch with publishers once he's done writing the novel). Joe is O employed part-time. O not in the labor force. employed full-time. O a discouraged worker.
E2
If the labor market flow Pue is found to equal 0.32 for a particular month, this means that a) 32 percent of the total adult population flowed from unemployment to employment during the month. b) 32 percent of the total labor force flowed from unemployment to employment during the month. c) 32 percent of those who were initially unemployed became employed during the month. O d) 32 percent of those who were initially employed became unemployed during the month.
Suppose the existing labor force inside the country is 1,000,000 persons, of whom 900,000 are employed and 100,000 unemployed. Suddenly 100,000 overseas workers are thrown out of their jobs overseas and must return home. Of these, 95,000 become employed while 5,000 have difficulty finding jobs and are unemployed. As a result of this development, the unemployment rate of the country from to O a. rises; 11 percent; 11.6 percent O b. falls; 10 percent; 9.5 percent O c. rises; 10 percent; 11 percent O d. falls; 11 percent; 10 percent
Explain it early and correctly
When Sue graduated from college, she got a job with a starting salary of $30.000. When Sue's sister Jan graduated five years later, her starting salary was $36.000. Jan likes to tease Sue about earning more than Sue did right out of college. Sue dlaims that she actually had the higher salary in real dollars. The Consumer Price Index rose 28 percent during the five years separating the sisters' graduations. Therefore, we can conclude that Jan earmed the highor real salary ts Sue eamed the higher real salary there isn't enough information to determine who earned the higher real salary both Sue and Jan earned the same real salary am Next