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Paperback Writer - The Beatles
Dear Sir or Madam, will you read my book?
The subject of the song states that he wants to be a paperback writer but he "needs a job." How would you classify his employment status? Is he unemployed? Actively seeking new work? Do you think self-employment creates a measurement problem for the Bureau of Labor Statistics? Also if it took him "years to write," does this suggest anything about the opportunity cost of his time?
[Provided by Xilong Zhu - Beloit College]