A retired person without a job is counted as:
AEmployed part time
BDiscouraged and hidden
COut of the labor force
DUnemployed and looking
Answer & Solution
Correct answer: C. Out of the labor force
1. Not everyone without a job is unemployed.
2. The retired are out of the labor force.
3. So are full-time students and stay-home parents.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._
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