Which of the following would NOT be considered unemployed?
A) a new entrant to the labor force
B) a job leaver who is looking for a better job
C) an individual fired by her employer
D) a newly retired worker
Question 2
In the above figure, what is the opportunity cost of one bushel of soybeans?
A) 1 bushel of corn
B) 0.5 bushels of corn
C) 2 bushels of corn
D) unable to determine