Question which of the following individuals would, Ask an Expert

Economics

Question: Which of the following individuals would economists consider unemployed?

a. Sam looked for work for several weeks but has now given up his search and is going back to college.

b. A 14-year-old wants to mow lawns for extra cash but is unable to find neighbors willing to hire her.

c. A factory worker is temporarily laid off but expects to be called back to work soon.

d. A receptionist, who works only 20 hours per week, would like to work 40 hours per week.

e. A high school graduate is spending the summer backpacking across the country rather than seeking work.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92252119

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question net present value 3 points totalthe city of

Question: Net Present Value (3 points total) The city of Corvallis is deciding whether or not to undertake a project to improve the quality ofthe city's drinking water. The project would require an immediate payment of $ ...

Question assume that i arrange a 100 loan from you at 10

Question: Assume that I arrange a $100 loan from you at 10 percent real interest, and we both expect 20 percent inflation over the next year. What will the nominal interest rate be on that loan? Now assume that you lend ...

Question it is hot day and bert is thirsty here is the

Question: It is hot day, and Bert is thirsty, here is the value he places on a bottle of water: Value of first bottle $7 Value of second bottle $5 Value of third bottle $3 Value of fourth bottle $1 a) From this informati ...

Question genelia has to choose between a two-day trip and a

Question: Genelia has to choose between a two-day trip and a three-day trip to Hollywood. The table below shows the expected benefit and cost for the different days. Using optimization in levels and optimization in diffe ...

Question over the next three years a firm is expected to

Question: Over the next three years, a firm is expected to earn economic profits of $120,000 in the first year, $140.000 in the second year, and $1000,000 in the third year. After the end of the third year, the firm will ...

Question problems exist within the firm there were problems

Question: Problems exist within the firm. There were problems of collective action, public goods, knowledge problems, and perverse incentives to name some. What were the three methods we discussed in class to help resolv ...

Question why does the assumption of independence of risks

Question: Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated? Can you think of a situatio ...

Question economics conceptsreview your week 1 learning

Question: Economics Concepts Review your Week 1 Learning Activities, especially Ch. 1 of Focus on Personal Finance, Khan Academy Resources and Video Reflection, and Investopedia Resources located in the "Additional Readi ...

Question if you want to have 500000 in todays dollars in

Question: If you want to have $500,000 in today's dollars in account after 10 years, how much do you need to put into this account today assuming 3% annual inflation and a 4% nominal annual bank rate compounded monthly? ...

Essay questions 1 the tuitions and fees for any given

Essay Questions: 1) The tuitions and fees for any given institution of higher education are theoretically the same for all attending students. Colleges and universities, however, routinely charge different tuitions and f ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Microeconomics Expert