Sheila Is on a Temporary Layoff from Her Automobile Factory

question 155

Multiple Choice

Sheila is on a temporary layoff from her automobile factory job but has not looked for work in the last four weeks.The Bureau of Labor Statistics counts Sheila as

• A)unemployed and in the labor force.
• B)unemployed and not in the labor force.
• C)employed and in the labor force.
• D)employed and not in the labor force.

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Definitions:

Fiscal Policies

Government actions involving taxation and spending to influence the economy.

Wave of Optimism

A period characterized by heightened confidence and positive expectations among consumers or investors.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, including regulating banks, managing the country's money supply, and aiming to ensure economic stability.

Money Holdings

The total sum of cash and liquid assets that are held by individuals or businesses at any given time.