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Author Question: Who is an unemployed worker? If the number of employed workers in a country, where the size of the ... (Read 95 times)

altibaby

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on: Jun 30, 2018
Who is an unemployed worker? If the number of employed workers in a country, where the size of the labor force is 4 million, is 2.75 million, what is the number of unemployed workers in the country?
 
  What will be an ideal response?

Question 2

The productive resource that includes all the gifts of nature is called
 
  A) land.
  B) labor.
  C) capital.
  D) entrepreneurshi


fffftttt

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A worker is unemployed if he or she does not have a job, has actively looked for work in the prior four weeks, and is currently available for work.
The labor force in a country equals the sum of employed workers and unemployed workers. Hence, the number of unemployed workers in the country is (4 - 2.

Answer to Question 2

A


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