Author Question: Jane is a 25 year old, full-time student. She works part time in her school library and is paid 7 an ... (Read 166 times)

xclash · **on:** Jun 30, 2018

Jane is a 25 year old, full-time student. She works part time in her school library and is paid 7 an hour. She is considered to be

A) not in labor force.
B) not in the working-age population because she is in college.
C) employed.
D) unemployed.
E) in labor force but not working.

Question 2

During an economic boom

A) aggregate demand exceeds aggregate supply. B) potential output exceeds quantity demanded.
C) actual output exceeds potential output. D) potential output exceeds actual output.