Josh Is a Full-Time College Student Who Is Not Working

question 48

Multiple Choice

Josh is a full-time college student who is not working or looking for a job.The Bureau of Labor Statistics counts Josh as

• A)unemployed and in the labor force.
• B)unemployed but not in the labor force.
• C)in the labor force but not unemployed.
• D)neither in the labor force nor unemployed.

---

Definitions:

Storeroom

A room or space used for storing inventory, materials, or equipment.

Factory

A structure or set of structures where products are primarily constructed or compiled through the use of machines.

Job Order Cost System

An accounting system that accumulates manufacturing costs separately for each job or order to determine job-specific expenses and profitability.

Crude Oil Refining

The industrial process that transforms crude oil into useful petroleum products like gasoline, diesel fuel, asphalt base, heating oil, kerosene, and liquefied petroleum gas.