1. Labor Force A. When the labor force is seeking employment but cannot find it B. The total number of people who are working or unemployed C. C+1+ G+ (X-M) 2. Inflation 3. Unemployment Rate

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
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Problem 11RQ: If you an? out of school but working part time, are you considered employed or unemployed in U.S....
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1. Labor Force
A. When the labor force is seeking employment
but cannot find it
2. Inflation
B. The total number of people who are
working or unemployed
C. C+I+ G+ (X-M)
3. Unemployment Rate
4. Labor Turnover
D. The number of unemployed persons as a
percentage of the labor force
E. Employment, Growth, Goods, Trade, Price
Stability, Competition, Business Cycles
F. The movement of employees whether in or
out of a business at any given time.
5. Gross Domestic Product (GDP)
6. 4 Components of GDP
G. The measure of economic growth from on
period to the next
7. Unemployment
8. Macroeconomics
H. The rising price of due to a decrease in the
value of money
1. Jobs are available, but applicants do not
meet the required skill set for the job.
9. Discouraged workers
10. Structural Unemployment
J. People who gave up seeking employment
Transcribed Image Text:1. Labor Force A. When the labor force is seeking employment but cannot find it 2. Inflation B. The total number of people who are working or unemployed C. C+I+ G+ (X-M) 3. Unemployment Rate 4. Labor Turnover D. The number of unemployed persons as a percentage of the labor force E. Employment, Growth, Goods, Trade, Price Stability, Competition, Business Cycles F. The movement of employees whether in or out of a business at any given time. 5. Gross Domestic Product (GDP) 6. 4 Components of GDP G. The measure of economic growth from on period to the next 7. Unemployment 8. Macroeconomics H. The rising price of due to a decrease in the value of money 1. Jobs are available, but applicants do not meet the required skill set for the job. 9. Discouraged workers 10. Structural Unemployment J. People who gave up seeking employment
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