3. a) If a person is categorized as retired, would that person be included in the working-age...

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3.

a) If a person is categorized as retired, would that person be included in the working-age population?

b) What types of people are categorized as “not in the labour force”?

c) Is it possible for the total number of people employed and the total number of people unemployed to rise at the same time?

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Principles Of Macroeconomics

ISBN: 9780226818399

8th Edition

Authors: Sayre, J.E.; Morris, A.J.

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