### Understanding the Labor Force Classification#### Quiz: Identifying Members of the Labor Force**Which of the following unemployed people would be classified as part of the labor force?***Select all that apply.*1. ☐ Michaela, who has applied for six jobs in the last week.2. ☐ Sarah, who was furloughed from her job until business picks up again.3. ☐ Andrea, who is a full-time student and is not looking for work.4. ☐ Brad, who applied for jobs six weeks ago, but has not applied anywhere since.---**Explanation:**For an individual to be classified as part of the labor force, they must be either employed or actively seeking employment. The following points can help determine the correct classifications:- **Michaela** is actively seeking employment by applying for jobs recently, so she is part of the labor force.- **Sarah** is temporarily out of work but expects to return to her job, so she remains part of the labor force.- **Andrea** is not actively looking for work due to her status as a full-time student, so she is not part of the labor force.- **Brad** is not considered actively seeking work since he has not applied for jobs in the last six weeks, excluding him from the labor force.Based on this reasoning, the appropriate selections would be Michaela and Sarah.---This exercise helps students and readers to understand how employment status and labor force participation are defined according to standard economic principles.

People in the labor force are individuals, who are in the category of civilian noninstitutional…

Answered: Which of the following unemployed…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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