Ask Question
BusinessBusiness
2 January, 09:27

Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for Humanity chapter. Currently, Christopher is not looking for a paid job. The Bureau of Labor Statistics counts Christopher as ...

a. neither in the labor force nor unemployed.

b. unemployed and in the labor force.

c. unemployed but not in the labor force.

d. in the labor force but not unemployed.

+3
Answers (1)
  1. 2 January, 13:24
    0
    The correct answer is option a.

    Explanation:

    The bureau of labor statistics calculates the data regarding the unemployment rate in the US economy. It calculates the unemployment rate as the ratio of total unemployed to the total labor force.

    Those people who are having a job or business and are working for profit or those who are currently unemployed and looking for jobs are included in the labor force. Students, retirees, and discouraged workers are not included in the labor force.

    Here, Christopher is neither working for profit nor looking for work so he will not be considered unemployed or in labor force.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for Humanity chapter. Currently, Christopher is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A company has $4,500 in its Revenue account at the end of a period. The expenses are as follows: Rent, $750; Utilities, $150; Salaries, $2,400; Insurance, $225. The net income (loss) for the period is A. $3,600. B. ($2,100). C. $975. D. ($1,425).
Answers (2)
What two things would cause the ppf of an economy to shift to the right outward?
Answers (1)
Which of the following would be considered part of a firm's marketing mix? a. Designing the most efficient production plan b. Identifying the best source of funds to finance a firm's marketing activities c.
Answers (1)
two days at busch gardens willamsburg & 3 days at Universal Stuids Orlando cost $420, while 4 days at Busch gardens & 2 days at Universal cost $472. What is the cost per day at each park
Answers (1)
What is unlimited liability?
Answers (1)
New Questions in Business
If joe were to introduce himself as dr. early to sell to gensol, knowing that people would assume that he was a medical doctor, but never tell anyone that he was, would contracts entered into be considered to be fraudulent?
Answers (1)
Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply. 1) A higher price level decreases the real value of consumers' assets.
Answers (1)
If Gerry makes a deposit of $1,500 at the end of each quarter for five years, how much will he have at the end of the five years assuming a 12% annual return and quarterly compounding?
Answers (1)
Explain how globalization influence management
Answers (1)
The following information relating to a company's overhead costs is available. Col1 = Actual total variable overhead, Actual total fixed overhead, Budgeted variable overhead rate per machine hour, Budgeted total fixed overhead, Budgeted machine
Answers (1)
Home » Business » Christopher is an unpaid, stay-at-home father who works as a volunteer at the local Habitat for Humanity chapter. Currently, Christopher is not looking for a paid job. The Bureau of Labor Statistics counts Christopher as ... a.
Sign Up Forgot Password?