Active vs Inactive Labour supply Flashcards
1
Q
Where do unemployed fit into the labour supply
A
they are still active
2
Q
what other people are classed towards the labour supply
A
Self-employed
employees
unpaid workers
government scheme workers
3
Q
what people are classed towards inactive labour supply
A
people looking after family
short term sick
discouraged workers
long term sick
students
retired
