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Into which of the three categories-employed, unemployed, out of the labor force-would an interviewer for the
Current Population Survey place each of the following people? Explain. a. Jennifer Temple is working as a second grade school teacher.
b. Frank Peabody is attending college full-time to earn a degree in elementary education.
c. Martin Hampton is working as a high school social science teacher but is at home sick with the flu.
d. Kyle Brown does not currently have a job. He wants to be an elementary school teacher. He has the appropriate degree. He has not looked for a position in the last month because he doesn't believe schools are
currently hiring.
e. Brenda Dewey does not currently have a job. She has sent her resume to several school districts in the past week in hope of finding a teaching position.
Tangible Object
An item that can be physically touched and seen, possessing material existence.
Intangible Object
An asset or property that does not have a physical presence but possesses value, such as intellectual property or digital assets.
Tangible Property
Physical property that can be touched and seen, such as buildings, machinery, and inventory.
Stocks
Shares of ownership in a corporation, giving holders a claim on the corporation's earnings and assets.
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