Which of the Following Statements About Unemployment Is True

question 22

Multiple Choice

Which of the following statements about unemployment is true?

• A) To be officially unemployed,a person has to be in the labor force.
• B) A person who is not working is officially unemployed.
• C) A person who is working part-time but would like to be working full-time is considered to be unemployed.
• D) A person who is retired and not looking for a job is still considered unemployed.
• E) A person who is a full-time student and not seeking employment is still considered unemployed.

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Definitions:

National Economy

The system of economic activities and the total wealth produced within a nation, including the production, consumption, and distribution of goods and services.

International Test

An assessment conducted across various countries aimed at evaluating and comparing the capabilities, knowledge, or skills of participants on a global scale.

Educational Achievement

The accomplishment or attainment of academic goals, typically measured through grades, diplomas, and degrees.

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Programs or initiatives that are funded or backed by the federal government.