Q)Michael quits his part-time job and goes to school. The measured unemployment rate would A. fall because part-time jobs are not counted in the labour force. B. not change because he is now out of the labour force. C. rise because he is not in the labour force when in school. D. fall because he is not in the labour force when in school. E. not change because he is considered unemployed when in school.
Q)Michael quits his part-time job and goes to school. The measured unemployment rate would A. fall because part-time jobs are not counted in the labour force. B. not change because he is now out of the labour force. C. rise because he is not in the labour force when in school. D. fall because he is not in the labour force when in school. E. not change because he is considered unemployed when in school.
Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations
Section: Chapter Questions
Problem 6P
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Q)Michael quits his part-time job and goes to school. The measured
A. fall because part-time jobs are not counted in the labour force.
B. not change because he is now out of the labour force.
C. rise because he is not in the labour force when in school.
D. fall because he is not in the labour force when in school.
E. not change because he is considered unemployed when in school.
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