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Business, 21.03.2020 05:34 tristanlindor5908

Consider a small economy composed of six people: Clancy, Eileen, Hubert, Kate, Poornima, and Manuel. Each person's employment status is described in below.
A) 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.
1. Clancy is a 74-year-old professor. He teaches only one or two courses a year, but he's still pursuing an active research agenda.
2. Eileen 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.
3. Hubert is a 42-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.
4. Poornima is a 31-year-old science teacher who taught at West Valley Middle School last year. Due to budget cuts, she was laid off at the end of the school year. It's the summer now, and after a few weeks of vacation with her family, she is looking for a part-time job as a tutor.
5. Manuel is a 20-year-old American Studies major at the University of Tennessee. It's summer now, and he is working as a lifeguard in Mobile, Alabama.
6. Kate is a 10-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 $30 per week.

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Consider a small economy composed of six people: Clancy, Eileen, Hubert, Kate, Poornima, and Manuel....

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