Which of the Following Are Classified as "Discouraged Workers

question 181

Multiple Choice

Which of the following are classified as "discouraged workers"?

• A)all those between 16 and 65 who are neither disabled nor in an institution and are also neither employed nor seeking employment
• B)labor force members who have chosen early retirement because they dislike their work or think the pay is too low
• C)members of the noninstitutional population who say they want to be employed but are not searching for a job
• D)members of the labor force who are looking for a job but cannot find one
• E)anyone in the population who is not working

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Definitions:

Tradeoffs

Refers to the compromise or balance achieved between two desirable but incompatible features, a fundamental concept in decision-making and economics.

Incentives

Are extrinsic or intrinsic rewards or penalties for performing an action or refraining from one, motivating behavior change.

K-12 School Year

The educational period or academic years that include kindergarten through 12th grade in many countries, marking the compulsory stages of schooling.

Resources Are Scarce

The economic principle that the amounts of natural resources, goods, and services available are limited in relation to the desires and needs of people.