macro hw 11 - Question 1 Multiple Choice Person A 2 of 2...

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Question 1 Multiple Choice 2 of 2 points Person A Now that the kids are in school for a person is looking for work and has i jobs during the past two weeks. Person B This person has been laid off from a be called back as soon as the econo Person C This person has just graduated from start a new job in three weeks. In th person will tour the great American Person D This person was laid off last year wh was installed at the plant, reducing workers needed. Shortly after being looked for a new job, was unable to stopped looking for work. The above table shows answers given by people interviewed in a government survey of households. Which individuals are considered unemployed? Selected Answer:
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Question 2 Multiple Choice 2 of 2 points Job leavers are people who Selected Answer: quit a job to look for something be Question 3 Multiple Choice 2 of 2 points The unemployment rate generally ________ during recessions and ________ during expansions. Selected Answer: rises; falls Question 4 Multiple Choice 0 of 2 points In the United States from 1986 to 2005, advances in technology and investment in capital Selected Answer: lead to movements along the U.S. function but did not shift the product Question 5 Multiple Choice 2 of 2 points Over the last 40 years, the labor force participation rate of men Selected Answer: decreased and the labor force par women increased. Question 6 Multiple Choice 2 of 2 points Which of the following best measures the total amount of labor used to produce GDP? Selected Answer: the total hours worked by full and employees Question 7 Multiple Choice 2 of 2 points The number of jobs in the U.S. economy
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Question 7 Multiple Choice 2 of 2 points Selected Answer: generally grows over time, as few during recessions than are created expansions. Question 8 Multiple Choice 2 of 2 points The real wage rate is Selected Answer: the money wage rate divided by th Question 9 Multiple Choice 2 of 2 points The money wage rate measures the Selected Answer: number of dollars earned by an ho Question 10 Multiple Choice 2 of 2 points Full employment occurs when the Selected Answer: unemployment rate equals the na
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This note was uploaded on 04/17/2011 for the course ECONOMICS 220 taught by Professor Clare during the Spring '08 term at Rutgers.

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macro hw 11 - Question 1 Multiple Choice Person A 2 of 2...

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