Discouraged workers
A) are considered part of the unemployed because they are not working.
B) are not considered part of the unemployed because they quit their jobs voluntarily.
C) are not considered part of the unemployed because they are not actively seeking work.
D) are considered part of the unemployed because they are still in the labor force.
C
You might also like to view...
Many countries find it difficult to achieve economic growth. This is because economic growth
A) depends on technological change and technological change depends on noneconomic factors such as the growth rate of scientific knowledge. B) is not understood well by economists, so it is difficult to advise policy makers on the best policies to pursue. C) requires saving, and saving means less consumption today. A poor country may find it difficult to consume less today. D) appears to be predetermined and not subject to factors that policy makers can have any affect on.
Using Figure 1 above, if the aggregate demand curve shifts from AD3 to AD2 the result in the short run would be:
A. P3 and Y1. B. P2 and Y1. C. P2 and Y3. D. P1 and Y2.