econ quiz 4

econ quiz 4 - Question 1 5 out of 5 points Correct The...

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Question 1 5 out of 5 points Correct The descriptions give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. 1. Mollie just graduated from college and is now looking for work. She has had three job interviews in the past month. 2. George works in an automotive assembly plant. He was laid off six months ago as the economy weakened. He expects to return to work in several months when national economic conditions improve. 3. Jeanette worked as an aircraft design engineer for a company that produces military aircraft until she lost her job last year when the Federal government cut defense spending. She has been looking for similar work for a year but no company seems interested in her aircraft design skills. 4. Ricardo lost his job last year when his company downsized and laid off middle-level managers. He tried to find another job for a year, but was unsuccessful and quit looking for work. Refer to the above information. Which individual would be classified as a discouraged worker? Question 1 answers Selected Answer: Correct 4 Correct Answer: Correct 4 Question 2 text Question 2 5 out of 5 points Correct The full-employment unemployment rate for the United States economy is now generally considered to be: Question 2 answers Selected Answer: Correct 4 to 5 percent of the labor force Correct Answer: Correct 4 to 5 percent of the labor force Question 3 text Question 3 5 out of 5 points Correct In what circumstances would lenders most benefit? Question 3 answers
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This note was uploaded on 04/18/2010 for the course ECON 212 taught by Professor Barber during the Spring '10 term at UNBC.

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econ quiz 4 - Question 1 5 out of 5 points Correct The...

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