The underemployed are defined as people who have:

a. full-time jobs and who are looking for other full-time permanent employment that pays at a higher rate.
b. only part-time or temporary jobs and who are looking for full-time, permanent employment.
c. stopped looking for employment even though they may be capable of holding a part-time job.
d. multiple full-time jobs and/or part-time jobs but are still counted as employed.

b. only part-time or temporary jobs and who are looking for full-time, permanent employment.

Economics

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It is possible that class discrimination has become a stronger force in American society than racial discrimination

Indicate whether the statement is true or false

Economics

What quantity of output and price do they try to set, when a group of oligopoly firms form a cartel? Will there be any changes in the price and quantity supplied if the cartel gets broken down?

What will be an ideal response?

Economics