1. Indicate whether the following people are employed, unemployed or not in the labor force. Explain. a. An Air-Force officer stationed in Colorado Springs, CO b. A consultant who works out of her home for a medical group c. A full-time student who does not work d. A new college graduate looking for work e. A stay-at-home dad f. A waiter in Detroit who is laid off as a result of the recession g. A retired grandfather

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Unemployment
Section: Chapter Questions
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1. Indicate whether the following people are employed, unemployed or not in the labor
force. Explain.
a. An Air-Force officer stationed in Colorado Springs, CO
b. A consultant who works out of her home for a medical group
c. A full-time student who does not work
d. A new college graduate looking for work
e. A stay-at-home dad
f. A waiter in Detroit who is laid off as a result of the recession
g. A retired grandfather
Transcribed Image Text:Exercises 1. Indicate whether the following people are employed, unemployed or not in the labor force. Explain. a. An Air-Force officer stationed in Colorado Springs, CO b. A consultant who works out of her home for a medical group c. A full-time student who does not work d. A new college graduate looking for work e. A stay-at-home dad f. A waiter in Detroit who is laid off as a result of the recession g. A retired grandfather
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