« previous next »

Author Question: What determines if a person is in the labor force? What will be an ideal ... (Read 42 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
What determines if a person is in the labor force?
 
  What will be an ideal response?

Question 2

If an increase in income leads to in an increase in the demand for peanut butter, then peanut butter is
 
  A) a neutral good. B) a necessity. C) a normal good. D) a complement.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


billybob123

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

Workers who have a job and workers who are unemployed are in the labor force. To be officially counted as unemployed, and thus in the labor force, means that the person does not have a job but is available and willing to work and has made some effort to find work within the past four weeks, or waiting to be called back to a job from which he or she has been laid off, or waiting to start a new job within 30 days.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Muscle length versus isometric force Muscle length versus isometric force
Infants often rely on a caregiver as a secure base when they meet a new person. Infants often rely on a caregiver as a secure base when they meet a new person.
Cultures Ideal Body Types Cultures Ideal Body Types
The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ... The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ...
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ... A forklift pushes a 100-kg crate, starting from rest, exerting a horizontal force of magnitude ...
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library