If Sam does not have a job and is NOT looking for work, he is considered
A) unemployed and not in the labor force. B) not in the labor force.
C) unemployed. D) unemployed and in the labor force.
B
You might also like to view...
The long run effects of money supply change
A) ambiguous effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the opposite direction. B) proportional effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the same direction. C) no effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the same direction. D) no effect on the long-run values of the interest rate or real output, no change in the price level's long-run value. E) ambiguous effect on the long-run values of the interest rate or real output, A disproportional change in the price level's long-run value in the same direction.
An increase in taxes and a decrease in government spending would be characteristic of a contractionary fiscal policy.
Answer the following statement true (T) or false (F)