A government program that reduces the hardship of being out of work by guaranteeing that unemployed workers receive a percentage of their former incomes while they are unemployed is referred to as

Refer to the following scenario to answer the next four questions.A government worker surveys a number of households and comes up with the following information: there were a total of 200 people in the households, 25 of the people were children under 16, 10 of the people were retired but still capable of working, 100 people had full-time jobs, 15 had part-time jobs, 10 were stay-at-home parents, 20 were full-time students over the age of 16, 5 were disabled people who could not work, 10 people had no job but were looking for jobs, and there were 5 people who wanted a job but were not looking for a job. According to the information in the survey, the labor force participation rate is

The true cost of a vacation, an economist would argue, exceeds the cost of food, lodging, transportation, and so on, because of

According to the Bureau of Labor Statistics, if a jobless person has not sought a job in ________ weeks, that person is not counted in the unemployment statistics.

In March 2012, the State of California started to require all packaging for food and drink with the additive 4-methylimidazole (4-MI) be clearly labeled with a cancer warning. Because of this, both Pepsi and Coke changed their formula to eliminate 4-MI as an ingredient. If Pepsi and Coke had NOT changed their formulas, holding all else constant, what would have happened to the demand for these goods, assuming Pepsi and Coke were in a competitive market?

If the work-eligible population is 272 million people and the number of people in the labor force is 148 million, the number of people NOT in the labor force is equal to

Consider the following graph to answer the next five questions. During which year was U.S. average income climbing the most rapidly?

If the unemployment rate is 5.5% and the number of unemployed persons is 15 million, the number of people who are employed is approximately

Use the following table to answer the next three questions: According to the above table, the labor force participation rate is

An accurate measure of gross domestic product (GDP) is derived by adding the