Why does the Bureau of Labor Statistics make an effort to specify the number of people who have been unemployed for 15 weeks or longer?
a. Only people who have been unemployed for 15 weeks or more are eligible to receive
unemployment benefits.
b. One of the criteria for being considered a marginally attached worker is being
unemployed for 15 weeks or less.
c. Unemployment for several months is much more serious threat to the economy than
unemployment for several weeks.
d. Workers usually stop looking for a job after 15 weeks, so the government begins to
consider them discouraged workers at this point.
c. Unemployment for several months is much more serious threat to the economy than
unemployment for several weeks.
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Refer to the information provided in Table 36.1 below to answer the question(s) that follow. Table 36.1PersonWeight (lbs)Abe160Boris210Calvin300Darius185Eddie240Franklin175A study to determine the effect that the weight of an average 6 ft. tall man has on the incidence of Type 2 diabetes was conducted in a small town. The six participants and their corresponding weights are listed in the table.Related to the Economics in Practice on p. 728: Refer to Table 36.1. When using regression discontinuity, if this study had a threshold of 200 pounds, the outcomes of which individuals would be compared?
A. Abe, Darius, and Franklin B. all six individuals C. Abe and Calvin D. Boris and Darius
A tax on sellers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied
a. True b. False Indicate whether the statement is true or false