Not Counting _____ as Unemployed Understates Unemployment

question 146

Multiple Choice

Not counting _____ as unemployed understates unemployment.

• A)children
• B)retired persons
• C)students
• D)people who do not want to work
• E)discouraged workers

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Definitions:

Budget Line

A visual representation showing every possible mix of two products that a consumer is able to purchase with their income, taking into account the cost of these items.

Utility Function

A mathematical representation used in economics to model preferences and satisfaction obtained from consuming goods and services.

Berries

Small, pulpy, and often edible fruits, typically round, brightly colored, sweet or sour, and do not have a stone or pit, although many seeds may be present.

Nuts

Edible seeds of certain plants, enclosed in a hard shell, and often consumed as a nutrient-rich food.