Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Discouraged workers are a. not considered as part of the labor force. O b. considered cyclically unemployed. O c. considered frictionally unemployed. O d. considered

image text in transcribed
image text in transcribed
Discouraged workers are a. not considered as part of the labor force. O b. considered cyclically unemployed. O c. considered frictionally unemployed. O d. considered structurally unemployed. Which of the following would not be counted in 2016's GDP? O a. the 2016 salary of a used motorcycle salesperson O b. the value of a refrigerator manufactured in 2016 but not sold in 2016 c. the value of a 2008 boat you purchase from a boat dealer in 2016 O d. the commissions earned by a real estate agent in selling condominiums built prior to 2016

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Econometrics

Authors: R Hill

4th Edition

1118136969, 9781118136966

More Books

Students also viewed these Economics questions