Which of the following people are correctly classified according to the Current Population Survey? A. Meg is employed part time, and Mimi is not in the labor force. B. Hank is unemployed, and Ari is not in the labor force. C. Serena is unemployed, and Jerry is employed. D. Harry is unemployed, and Kosta is unemployed.
Which of the following people are correctly classified according to the Current Population Survey? A. Meg is employed part time, and Mimi is not in the labor force. B. Hank is unemployed, and Ari is not in the labor force. C. Serena is unemployed, and Jerry is employed. D. Harry is unemployed, and Kosta is unemployed.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Which of the following people are correctly classified according to the Current Population Survey?
A.
Meg is employed part time, and Mimi is not in the labor force.
B.
Hank is unemployed , and Ari is not in the labor force.
C.
Serena is unemployed, and Jerry is employed.
D.
Harry is unemployed, and Kosta is unemployed.

Transcribed Image Text:The Current Population Survey gives the information in the table.
Work
Person hours Activity
Jerry 40 works at GM
Meg
10
student weekend job
Serena
10
Ari
0
works part time but wants full-time job
waiting for recall back to job in 2 weeks
0 stopped looking for work; is returning to
school
Kosta
Mimi
0
Harry 0
Hank 12 professional artist; sold one picture
retired
retired
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