What do you call a person who is currently not employed and has stopped searching for a job?

Multiple choice question for Macroeconomic Issues and Analysis. Select an option, then review the explanation below.

Explanation

A discouraged worker is someone who is not working and has ceased looking for employment, distinguishing them from those classified as unemployed who are actively seeking jobs.

Practice related questions from the same subject.

1.Which of the following is NOT considered an advantage of the single market?
2.Within the European Exchange Rate Mechanism (ERM), each member country maintained a fixed exchange rate, and together the group ________ in relation to other countries worldwide?
3.In a country with a floating exchange rate system, what is the likely effect on its currency if its inflation rate exceeds that of its trading partners?
4.In a floating exchange rate system, how do expectations of rising interest rates typically affect the currency's exchange rate?
5.How does a fixed exchange rate combined with full capital mobility affect the effectiveness of monetary policy?

What do you call a person who is currently not employed and has stopped searching for a job?

Explanation

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