Regarding unemployment, it is correct to say that: O a. Discouraged individuals are those officially in the labor force who are unemployed becaus they have lost hope of finding a paid job. e O b. Hispanic or Latino unemployment is persistently higher than unemployment across all other races and ethnicities in the United States. Oc. The unemployment rate is the percentage of the total adult population without jobs. O d. Full employment does not mean zero unemployment rate. O e. None of the alternatives is correct.

Regarding unemployment, it is correct to say that: O a. Discouraged individuals are those officially in the labor force who are unemployed becaus they have lost hope of finding a paid job. e O b. Hispanic or Latino unemployment is persistently higher than unemployment across all other races and ethnicities in the United States. Oc. The unemployment rate is the percentage of the total adult population without jobs. O d. Full employment does not mean zero unemployment rate. O e. None of the alternatives is correct.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 2P

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Similar questions

What happens to the labor force participation rate when employed individuals are reclassified as unemployed? What happens when they are reclassified as discouraged workers?
Beginning in the 1970s and continuing for three decades, women entered the U.S. labor force in a big way. If we assume that wages are sticky in a downward direction, but that around 1970 the demand for labor equaled the supply of labor at the current wage rate, what do you imagine happened to the wage rate, employment, and unemployment as a result of increased labor force participation?
Is it desirable to eliminate natural unemployment? Why or why not? Hint: Think about what our economy would look like today and what assumptions would have to be met to have a zero rate of natural unemployment.
When is the economy at the natural rate of unemployment? Select one: O a. All of these choices are correct O b. When everyone in the economy who wants to work is working O c. When the only kinds of unemployment are frictional, structural, and cyclical O d. When everyone in the economy is working Oe. When the only people who want to work and are not working are frictionally unemployed people who are not willing to work unskilled jobs while they search, and structurally unemployed people who are not willing to work unskilled jobs while the get new skills O f. None of these choices are correct
When does the amount of job-search unemployment increase? The amount of job-search unemployment increases when O A. the efficiency wage rate rises B. a demographic shock decreases the rate of entry into the working-age population O C. a prolonged structural slump occurs D. unemployment compensation decreases O O
O E. 10 million. Diane lost her job and immediately started looking for another job. As a result the Lütfen birini seçin: O A. unemployment rate remains constant. O B. labor force decreases. O C. unemployment rate increases. O D. labor force remains constant O E. labor force increases. SONRAK
Regarding the categories of unemployment, which statement best describes how the effect of sectoral changes compares to the effect of firms paying higher-than-equilibrium wages? Select one: Oa. Sectoral changes create frictional unemployment, while firms paying wages above equilibrium create structural unemployment. O b. Sectoral changes and firms paying wages above equilibrium both create frictional unemployment. O c. Sectoral changes and firms paying wages above equilibrium both create structural unemployment. O d. Sectoral changes create structural unemployment, while firms paying wages above equilibrium create frictional unemployment. Clear my choice
during expansions. The rate of unemployment tends to during recessions and During prolonged recessions, it is difficult for workers to find a job and many workers become discouraged. Which of the following is a correct statement? O A. Discouraged workers are counted in the labor force and cause the participation rate to fall. B. Discouraged workers are counted in the labor force and cause the participation rate to rise. C. Discouraged workers are not counted in the labor force and cause the participation rate to fall. OD. Discouraged workers are not counted in the labor force and cause the participation rate to rise.
Full employment refers to a situation in which there exists. O a. An unemployment rate of zero. O b. An unemployment rate less than 5 percent. O c. Only structural and/or frictional unemployment. O d. Only involuntary unemployment. O e. No job vacancies at the time.
What impact would indluding members of the military in employment, labor force, and working-age population statistics have on the unemployment rate and the labor foroe participation rate? OA. Including members of the military would reduce the unemployment rate and increase the labor force participation rate, OB. Including members of the military would increase the unemployment rate and reduce the labor force participation rate. OC. Including the military would reduce both the unemployment rate and the labor force participation rate. OP. Indudina the militarv wouid increase both the unemployment rate and the labor force participation rate.
Which one of the following persons would NOT be considered unemployed? Select one: O a. Mr John, actively looking for part-time work to supplement pension income O b. A construction worker who has given up looking for work after 18 months without a job. O c. An auto worker vacationing in Florida during the layoff period, before the production of new models begins next month. He does not know for sure whether he will be called back to work when this happens, and looked for a new job last week. O d. A college student actively searching for a summer job.
The following table contains information for the U.S. for 1998. Thousands of U.S. Economy: 1998 Persons Civilian labor force 137,565 Civilian employment Civilian working-age population 131,293 205.015 Compute the unemployment rate and the labor force participation rate. O A. Unemployment rate = 9.54 percent; Labor force participation rate = 67.1 percent. O B. Unemployment rate = 4.56 percent; Labor force participation rate = 95.44 percent. O C. Unemployment rate = 3.06 percent; Labor force participation rate = 48.8 percent. O D. Unemployment rate = 4.56 percent; Labor force participation rate = 67.1 percent.