Answered: 19. Retired persons are officially…

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

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