Question

In: Economics

According to the United States government figures, an unemployed person is one who Group of answer...

According to the United States government figures, an unemployed person is one who

Group of answer choices

a. Has given up looking for a job.

b. Only works part time.

c. Cannot be a member of the labor force.

d. Works at jobs below his or her skills or abilities.

e. Is actively seeking a job.

Solutions

Expert Solution

The unemployed person will be one who has given up looking for a job and is not actively seeking a job, therefore, the right answer is option A, that is, has given up looking for a job. A person who is ready to work at the ongoing market wage rate and is actively seeking a work will not be considered unemployed.

Rahul Sunny answered 2 years ago
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