Which of the Following People Would Be Counted in the Labor

question 56

Multiple Choice

Which of the following people would be counted in the labor force?

• A)Chou,who lost his job and last looked for work three months ago
• B)Stephanie,who holds a Ph.D.in history but can only find part-time employment at a fast food restaurant
• C)Jordan,who would like to work as a stockbroker but is a stay-at-home father
• D)Steffan,who is a patient in a mental hospital
• E)Monique,age 90,who is enjoying her retirement in Montana

---

Definitions:

Money Flow

refers to the movement of money within the economy, covering the circulation of money between individuals, businesses, and governments.

Circular-Flow Diagram

A visual model that shows how money moves through an economy, typically between households and firms.

Firm

An organization or business entity engaged in commercial, industrial, or professional activities, typically with the aim of generating profit.

Normative

Relating to an evaluative or prescriptive standard or principle, often regarding moral or ethical considerations.