Macroeconomics
Macroeconomics
13th Edition
ISBN: 9781337617444
Author: Roger A. Arnold
Publisher: Cengage
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Chapter 6, Problem 9QP
To determine

The criteria for being unemployed.

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What are THREE (3) conditions necessary for a person to be considered unemployed?
What is the difference between being unemployed and being out of the labor force?
What type of unemployment is most likely to result in a hardship for people who are unemployed?
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