Which of the Following People Would NOT Be Included in the Labour

question 45

Multiple Choice

Which of the following people would NOT be included in the labour force?

• A)Jay, who is on temporary layoff
• B)Mike, who has retired and is not looking for work
• C)Jane, who does not have a job, but has applied for several in the last week
• D)Joan, who has a job but is looking for a new one

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Definitions:

Factor Market

The factor market is where services of the factors of production (such as labor, land, and capital) are bought and sold.

Lunch

A meal typically eaten in the middle of the day, between breakfast and dinner.

Positive Statement

An objective statement that can be tested or validated and is based on empirical evidence, focusing on what is rather than what ought to be.

Income Taxes

Taxes imposed by governments on the income generated by businesses and individuals within their jurisdiction.