2 To arrive at the number of workers in the U.S. labor force, we subtract all of...

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2 To arrive at the number of workers in the U.S. labor force, we subtract all of the following from the number of all U.S. residents except ■

a. residents under 16 years old.

b. institutionalized adults.

c. adults who are not looking for work.

d. unemployed adults.

e. All of the above must be subtracted from the number of U.S. residents to arrive at the number of workers in the labor force.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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