Which of the following groups would be classified as unemployed when calculating the unemployment rate?
A. The phantom unemployed.
B. Underemployed workers.
C. Individuals who are neither employed nor actively seeking a job.
D. Discouraged workers.
Answer: A
You might also like to view...
The poll tax and the flat tax are equivalent since with each, everyone is taxed a fixed percentage of income
Indicate whether the statement is true or false
During 2008-2013, the Fed initiated several rounds of "quantitative easing.". Under this policy, the Fed
a. increased its purchases of financial assets and thereby injected additional reserves into the banking system. b. increased its purchases of financial assets, which reduced the reserves available to the banking system. c. reduced its purchases of financial assets and thereby injected additional reserves into the banking system. d. reduced its purchases of financial assets and thereby reduced the quantity of reserves available to the banking system.