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A: Assuming TVC = TC as there is no Fixed cost.
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- Discouraged workers are counted par of the labor force and are counted as unemployed. are counted as unemployed but are counted as out of the labor force. are counted as out of the labor force. are counted as unemployed.James has lost his job and has been unemployed so long that he no longer activly seeks employment. What category does James belong in? discouraged worker unemployed employed instututionalizedSamantha retired from the fire department. She started working an hour or two a day at a paid job in the local hospital. Samantha is: Group of answer choices a discouraged worker. unemployed. not in the labor force. employed
- Classify the following:A student who has begun applying for jobs but has not yet found one: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An actor who works part-time at a restaurant but is looking for full-time work: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. A retiree who will work if a job becomes available but is not actively applying: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population. An employee on temporary maternity/paternity leave: employed, unemployed, not in the labor force, or not in the adult, civilian, non-institutionalized population.Participation in the labor force is much lower than it has historically been. How have government benefits, such as food stamps and housing subsidies, affected the labor-leisure choices of individuals?Which individual is out of the labor force? John is without a job, is able to work, but is not actively looking for work. Matthew is working 40 hours per week. Mary is without a job, is able to work, and is actively looking for work. Emily is working 6 hours per week.