If the Number of Employed People Goes Down at the Same

question 279

Multiple Choice

If the number of employed people goes down at the same time that the unemployment rate goes down,then we may conclude that some people must have

• A)left the labor force.
• B)entered the labor force.
• C)been forced off unemployment benefits.
• D)either retired or dieD.

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Definitions:

Disclaim

To refuse a right or renounce a claim to something, often as a legal declaration.

Fitness for a Particular Purpose

A legal doctrine that implies a seller's promise that the goods sold will suit the specific purpose for which the buyer intends to use them.

Implied Warranty

A legal concept that assumes a product will meet certain standards of quality and reliability without being explicitly stated.

Physical Nature

The intrinsic physical characteristics and properties of an object or person.