Exam 6: Jobs and Unemployment
Exam 1: Getting Started350 Questions
Exam 2: The Usand Global Economies199 Questions
Exam 3: The Economic Problem271 Questions
Exam 4: Demand and Supply317 Questions
Exam 5: Gdp: a Measure of Total Production and Income254 Questions
Exam 6: Jobs and Unemployment343 Questions
Exam 7: The Cpi and the Cost of Living265 Questions
Exam 8: Potential Gdp and the Natural Unemployment Rate207 Questions
Exam 9: Economic Growth267 Questions
Exam 10: Finance, Saving, and Investment269 Questions
Exam 11: The Monetary System361 Questions
Exam 12: Money, Interest, and Inflation261 Questions
Exam 13: Aggregate Supply and Aggregate Demand272 Questions
Exam 14: Aggregate Expenditure Multiplier311 Questions
Exam 15: The Short-Run Policy Tradeoff208 Questions
Exam 16: Fiscal Policy203 Questions
Exam 17: Monetary Policy188 Questions
Exam 18: International Trade Policy218 Questions
Exam 19: International Finance255 Questions
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Category Employment 14.5 million Labor force 15.7 million Working age population 24.0 million Average weekly hours 34.2 hours
-The table shows data reported by Statistics Canada for 1999.In 1999, the unemployment rate was
(Multiple Choice)
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Which of the following statements about the United States is (are) correct?
i. The labor force is larger than the number of employed people.
ii. The labor force is larger than the number of unemployed people.
iii. The number of unemployed people is larger than the number of employed people.
(Multiple Choice)
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During a recession, the percentage workers who are part time for economic reasons
(Multiple Choice)
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In the United States, the highest unemployment rates occur among
(Multiple Choice)
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Category Number of people (millions) Total population 250 Less than 16 years of age 30 Institutionalized 15 Part-time workers 20 Full-time workers 145 Looking for work in the past 4 weeks 10 In U.S. Armed Forces 10
-Using the table above, the number of people in the labor force is
(Multiple Choice)
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The following are groups of individuals in the population:
1.Individuals who are under 16
2.Individuals in institutional care
3.Individual in the armed forces
4.Individuals working for pay at a fulltime job
5.Individuals who are employed
6.Individuals not employed but were available for work and were looking for work
7.Individuals not employed and looking for work
-Using the table above, the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1, 2, and 3 as
(Multiple Choice)
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How would you best describe a manufacturing employee who has been fired because he was replaced by a robot (new technology) and does not have the skills necessary to help operate the robot?
(Multiple Choice)
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In January of 2001, the population of the United States was 276.8 million, the working-age population was 210.2 million, the total number of people employed was 140, and the total number of people unemployed was 5.0 million.What was the labor force participation rate?
(Multiple Choice)
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Category Number of People (thousands) Employment 27,793 Unemployment 1,619 Working-age population 46,581
-The table above shows data reported by the Office for National Statistics for the United Kingdom in September 2000.In September 2000, the labor force participation rate is
(Multiple Choice)
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Ainsley was fired from her job in 2008 due to the recession. She quit looking for a job in 2009.As the economy recovered in 2010, Ainsley started looking for a job again.She is a
(Multiple Choice)
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Discouraged workers who are over 16 years old are i. not counted as unemployed.
Ii) part of the working-age population.
Iii) part of the labor force.
(Multiple Choice)
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Jane is a 25 year old, full-time student.She works part time in her school library and is paid $7 an hour.She is considered to be
(Multiple Choice)
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If KeKe, age 32 worked 12 hours as a paid employee the week before the Current Population Survey, KeKe is classified in the Current Population Survey as ________ when calculating the unemployment rate.
(Multiple Choice)
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