Econ 102/100, March 16, 2006 Answers Part I: Multiple Choice: (26 Questions, 3 pts each=78 pts) Select the best answer among the given choices 1. Based on the following information, what would be the increase in the unemployment rate be if the discouraged workers were categorized as Unemployed? Total population 300,000,000 Adult population 200,000,000 Adult population who have given up on finding work 30,000,000 Number employed 140,000,000 Number unemployed 10,000,000 a)15.6% higher b)20.0% higher c)13.3% higher d)16.7% higher e)None of the above, the unemployment rate would decrease. 2. Which of the following statements is correct? a)A and C b)B and C c)C and D d)A, B, and D e)B, C, and D 1
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