A Discouraged Worker Is One Who

question 94

Multiple Choice

A discouraged worker is one who:

• A)is underqualified for his current job.
• B)dislikes his current job but is afraid to quit.
• C)drops out of the labor force because he cannot find a job.
• D)quits his job because the possibility of advancement was very low.
• E)is overqualified for his current job.

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Definitions:

Freedom Of Enterprise

The freedom of firms to obtain economic resources, to use those resources to produce products of the firms’ own choosing, and to sell their products in markets of their choice.

Individual Firms

Separate business entities that produce goods or provide services in an economy.

Laissez-Faire Capitalism

An economic system where private parties are free from government intervention in the production and distribution of goods and services, barring basic regulations.

Government Role

The range of activities undertaken by the government to regulate, supervise, and participate in the economy, including legislation, taxation, and public services.