Principles of Economics, 7th Edition (MindTap Course List)
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN: 9781285165875
Author: N. Gregory Mankiw
Publisher: Cengage Learning
Textbook Question
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Chapter 28, Problem 2QCMC

Using the numbers in the preceding question, what is the size of Ectenia’s labor force?

a. 50

b. 60

c. 70

d. 80

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Suppose all the people below have a job. Which one of them would not be considered part of the civilian labor force? Select one: a. a 15 year old. b. a 55 year old. c. a 65 year old. d. a 75 year old. e. a 105 year old.
Spain is one of the famous tourist destination in the world. They have a mixture of population. Which of the following statement is true about the labor force of Spain? a. Labor force includes the retired people in a country b. Labor force includes people who are not looking for a job c. Labor force is the sum of the employed and unemployed people in the labor force d. Labor force includes entire people in the country
Who would be included in the labor force? a.        Louie, who is waiting for his new job to start                b.       Daisey, who has become discouraged looking for a job and has quit looking   c.        Donald, an unpaid stay-at-home father          d.       None of the above is correct.

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