Indicate if the person would be classified as employed, unemployed
June 8th, 2024
1. indicate if the person would be classified as employed, unemployed, or not in the labour force and explaining the reasons: (i) a 65-year-old man who left his job and is now working as a volunteer for 10 hours a week; (ii) a university graduate who has not been able to find a position using her skills and is working as a wait-person for 30 hours a week; and (iii) a manufacturing worker who is out of a job and has given up searching for a job.2.Use production functions from the economic growth model to explain why the United States of America grew at a much faster rate than the Soviet Union in the latter half of the 20th century.