Econ 10 actual questions with
complete verified solutions
2025
The population of Ectenia is 100 people: 40 work full-time, 20 work
half-time but would prefer to work full-time, 10 are looking for a job,
10 would like to work but are so discouraged they have given up
looking, 10 are not interested in working because they are full-time
students, and 10 are retired.
What is the number of unemployed?
10
20
30
40 - answer 10
The category of unemployment includes those who are not
employed, are available for work, and tried to find employment
during the previous four weeks.
It also includes those waiting to be recalled to a job from which they
were laid off.
In Ectenia, the 10 who are looking for a job are the only unemployed
people; discouraged workers, students, and the retired are
considered "not in the labor force" and are not counted as
unemployed. See Section: How Is Unemployment Measured?
The population of Ectenia is 100 people: 40 work full-time, 20 work
half-time but would prefer to work full-time, 10 are looking for a job,
10 would like to work but are so discouraged they have given up
looking, 10 are not interested in working because they are full-time
students, and 10 are retired.
complete verified solutions
2025
The population of Ectenia is 100 people: 40 work full-time, 20 work
half-time but would prefer to work full-time, 10 are looking for a job,
10 would like to work but are so discouraged they have given up
looking, 10 are not interested in working because they are full-time
students, and 10 are retired.
What is the number of unemployed?
10
20
30
40 - answer 10
The category of unemployment includes those who are not
employed, are available for work, and tried to find employment
during the previous four weeks.
It also includes those waiting to be recalled to a job from which they
were laid off.
In Ectenia, the 10 who are looking for a job are the only unemployed
people; discouraged workers, students, and the retired are
considered "not in the labor force" and are not counted as
unemployed. See Section: How Is Unemployment Measured?
The population of Ectenia is 100 people: 40 work full-time, 20 work
half-time but would prefer to work full-time, 10 are looking for a job,
10 would like to work but are so discouraged they have given up
looking, 10 are not interested in working because they are full-time
students, and 10 are retired.
