Which of the following statements is false?
A) Discouraged workers are a subset of a larger group termed marginally attached workers.
B) Discouraged workers are counted as unemployed in the official unemployment rate calculation.
C) A person is considered underemployed if he is working at a job for which his skills far exceed the skills required for his job.
D) People who are underemployed are not counted as unemployed.
B
You might also like to view...
Successful adjustment to external imbalance is likely to involve
a. expenditure-reducing policies b. expenditure-switching policies c. import compression d. devaluation of the national currency e. all of the above
Suppose you purchased 100 shares of stock in 2010 for $25 a share and you sell them today for $50 a share. If the capital gains tax is 28 percent, your tax liability is
A) $70. B) $700. C) $2500. D) indeterminate without knowing the inflation rate.