19. Retired persons are officially classified as:O not in the labor forceO unemployedO underemployedO self-employed

Labor force is the number of people who are either working or willing to work. Labor force is the…

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19. Retired persons are officially classified as: not in the labor force O unemployed underemployed self-employed

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter21: Unemployment

Section: Chapter Questions

Problem 15RQ: What criteria do the BLS use to count someone as employed? As unemployed?

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Question

19. Retired persons are officially classified as:
O not in the labor force
O unemployed
O underemployed
O self-employed

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