Sunday, August 2, 2009

Econ question Current Population Survey consider unemployed ?

Which of the following individuals would the Current Population Survey consider unemployed?





I. An auto worker for General Motors who is laid-off and begins applying for work elsewhere





II. An auto worker for General Motors who quits her job in order to focus exclusively on earning a college degree





III. An auto worker for General Motors who quits his job and interviews for work as a part-time bank teller





IV. A recent high-school graduate who is seeking her first job as an auto worker at General Motors





A. I, III, and IV only





B. I and III only





C. I, II, III, and IV





D. II, III, and IV only

Econ question Current Population Survey consider unemployed ?
Unemployment is the state in which a person is without work, available to work, and is currently seeking work.





This definition applies to I, III, and IV only.


Thus answer A is the correct choice.


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