Which One of the Following Persons Would Be Considered Unemployed

question 140

Multiple Choice

Which one of the following persons would be considered unemployed?

• A) a person not working who has given up searching for a job
• B) a part-time worker looking for a full-time job
• C) a construction worker who was laid off due to cold weather
• D) a full-time college student who is not a member of the labor force

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Definitions:

Machine-Hours

A unit of measure indicating the operational time of machinery, often used in manufacturing to allocate costs based on machine usage.

Predetermined Overhead Rate

An estimated rate used to assign manufacturing overhead costs to individual units of production, calculated at the beginning of a period.

Machine-Hours

The total hours that production machinery is operated within a given period, rephrased as the aggregate operational time of production equipment.

Direct Labor-Hours

The total hours worked by employees directly involved in the production process, used as a basis for allocating labor costs to products.