Which one is considered a discouraged worker? A person stopped looking for a job but would accept one Retired person Fresh graduate entering the labor market High School Student
Which one is considered a discouraged worker? A person stopped looking for a job but would accept one Retired person Fresh graduate entering the labor market High School Student
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter13: Earnings, Productivity, And The Job Market
Section: Chapter Questions
Problem 6CQ
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Question
Which one is considered a discouraged worker?
A person stopped looking for a job but would accept one
Retired person
Fresh graduate entering the labor market
High School Student
Expert Solution
Step 1
A person is said to be unemployed when he lies under the working-age population and wants to earn income by working in a labor force but unable to get a job.
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