) Which of the following people would be unemployed (or belonging to anylabor market group) according to official statistics? Shortly explain why or why not.(a) A person who is home painting the house while seeking a permanent position as an electrician.(b) A full-time student.(c) A recent graduate who is looking for a job.(d) A parent who decides to stay home taking care of children full time.(e) A worker who quits his job because he thinks the pay is insufficient.(f) A teenager who gets discouraged looking for work and stops looking

The employed workers are those workers who are employed because they are working at some other place…

)Which of the following people would be unemployed (or belonging to any labor market group) according to official statistics? Shortly explain why or why not. (a) A person who is home painting the house while seeking a permanent position as an electrician. (b) A full-time student.

)Which of the following people would be unemployed (or belonging to any labor market group) according to official statistics? Shortly explain why or why not. (a) A person who is home painting the house while seeking a permanent position as an electrician. (b) A full-time student.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter7: Unemployment And Inflation

Section: Chapter Questions

Problem 12E

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Question

) Which of the following people would be unemployed (or belonging to any
labor market group) according to official statistics? Shortly explain why or why not.
(a) A person who is home painting the house while seeking a permanent position as an electrician.
(b) A full-time student.
(c) A recent graduate who is looking for a job.
(d) A parent who decides to stay home taking care of children full time.
(e) A worker who quits his job because he thinks the pay is insufficient.
(f) A teenager who gets discouraged looking for work and stops looking

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