Answer to Question #241947 in Microeconomics for Ivan

Question

1. Employment is a fact of life:
2. For every member of society.
3. Only for children.
4. Only for retired individuals.
5. For most college students.
6. For all college students.

Answer 1

Solution:

The correct answer is 6. For all college students.

Employment is a fact of life for all college students who have no choice but to seek employment in order to earn a living once they have graduated.

The main purpose of all college students is to learn, get enough knowledge and seek employment based on the skills and knowledge gained in college. Therefore, seeking employment is the reality they have to face after college whether they like it or not in order to make a living and sustain themselves.