How would the Bureau of Labor Statistics classify a person who is not working and refuses an offer of employment in order to keep looking for a better job?

a. not in the labor force
b. unemployed
c. employed
d. a discouraged worker

B

Economics

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With crises caused by macroeconomic imbalances,

A) it is usually difficult to avoid a recession. B) austerity programs are not needed. C) expansionary policies can be used to correct the crisis. D) the money supply should be increased.

Economics

The degree to which people have access to goods and services that make their lives easier, healthier, safer, and more enjoyable is called the:

A. scarcity standard. B. standard of living. C. microeconomic standard. D. global standard.

Economics