
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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macroeconmics question 2


Transcribed Image Text:Based on the criteria used by the Bureau of Labor Statistics (BLS), identify each person's status as employed, unemployed, "not in the labor force" (if
not in the civilian labor force but still part of the adult population), or "not in the adult population" if not in the civilian adult population.
Person
Status
Carlos is a 22-year-old professional tennis player. When he's not competing, he works
as a coach at a local tennis club.
Deborah is a 33-year-old professional basketball player
. She finished her last season as a player 3 weeks ago and is currently interviewing for
a coaching position.
Felix is a 43-year-old accountant who has been out of work for almost a year. He
became so discouraged that he gave up on his job search a couple of months ago.
Megan is a 26-year-old who lost her job as a copy editor for a local newspaper. She has
spent the past few weeks out of work and interviewing for other editing jobs. She is
thinking about going back to grad school if her job search doesn't succeed after a few
more weeks.
Larry is a 17-year-old who just graduated from high school. He is taking it easy this
summer, relaxing by the pool with his friends and family, and volunteering part-time at
the local nursing home.
Janet is a 12-year-old student at East Valley Middle School. She babysits her younger
brother and does other chores, so her parents give her an allowance of $25 per week.
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