FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 28: Unemployment

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 171

Multiple Choice

Review LaterAdd Note

Review Later

The Bureau of Labor Statistics reported in 2005 that there were 28.19 million people over age 25 who had no high school degree or its equivalent,11.73 million of whom were employed and 1.04 million of whom were unemployed.What were the labor-force participation rate and the unemployment rate for this group?

A) 45.3% and 3.7%
B) 45.3% and 8.1%
C) 41.6% and 3.7%
D) 41.6% and 8.1%

E) B) and C)
F) B) and D)

Correct Answer

verified

Show Answer

Question 172

Multiple Choice

Review LaterAdd Note

Review Later

According to 2009 data on the U.S.population,which of the following groups of teenagers (ages 16-19) had the highest labor-force participation rate?

A) white males
B) white females
C) black males
D) black females

E) A) and B)
F) A) and C)

Correct Answer

verified

Show Answer

Question 173

Essay

Review LaterAdd Note

Explain how the following apparently contradictory statement can be true: Most spells of unemployment are short,and most unemployment observed at any given time is long-term.

Table 15-3 2010 Labor Data for Adults (age 16 and older) in Meditor -Refer to Table 15-3.What is the adult female labor force in Meditor?

For the Bureau of Labor Statistics to place someone in the "unemployed" category,that person must

Figure 15-1 -Refer to Figure 15-1.If the government imposes a minimum wage of $8,then how many workers will be employed?

The theory of efficiency wages explains why

A firm might offer efficiency wages in order to attract a better pool of applicants.

The Bureau of Labor Statistics' U-5 measure of joblessness is the official unemployment rate.

Table 15-1 Labor Data for Aridia -Refer to Table 15-1.The labor-force participation rate of Aridia in 2010 was

Discuss the labor-force participation trends for men and women since 1950.

Rupert is collecting unemployment insurance benefits.To continue to receive his benefits,he must be looking for work.Because he'd like to continue collecting benefits rather than take a job,he applies at places that are unlikely to hire him.People like Rupert make the reported unemployment rate less than it would otherwise be.

Most economists agree that eliminating unemployment insurance would increase the amount of unemployment in the economy.

The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have

In 2009,based on concepts similar to those used to estimate U.S.employment figures,the Italian adult non-institutionalized population was 51.070 million,the labor force was 24.710 million,and the number of people employed was 22.765 million.According to these numbers,the Italian labor-force participation rate and unemployment rate were about

Efficiency wages create a labor

Adults who were waiting to be recalled to a job from which they had been laid off are included in the Bureau of Labor Statistics' "employed" category.

Which of the following is not an explanation for the existence of structural unemployment?

Table 15-1 Labor Data for Aridia -Refer to Table 15-1.The labor-force participation rate of Aridia in 2011 was

Unemployment insurance