The Phantom Unemployed Are

question 36

Multiple Choice

The phantom unemployed are

• A)People who report that they are actively seeking a job even when they have little or no intention of finding one.
• B)People who want a job but aren't looking because they don't expect to find one.
• C)People who lack the skills to be employed.
• D)Workers with very high rates of absenteeism.

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Definitions:

Resources

Assets or inputs used to produce goods and services, including natural, human, and capital resources.

Purchase Method

An accounting method used to consolidate the financial statements of two companies when one acquires another.

Book Value

The net value of a company's assets minus its liabilities, often used to determine the company's equity value on its balance sheet.

Market Value

The prevailing rate at which an asset or service can be purchased or sold in a market setting.