EC201 chapter_7_Quiz Full

Answer true diff2 topic unemployment skill conceptual

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Unformatted text preview: ease. Answer: B Diff: 3 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 66) Related to Economics in Practice on p. 127 [439]: In the U.S. from 1955 to 1996, the labor force participation rate the ________ for men and ________ for women. A) increased; increased B) increased; decreased C) decreased; increased D) decreased; decreased Answer: C Diff: 1 Topic: Unemployment: Economics in Practice Skill: Fact 67) Related to Economics in Practice on p. 127 [439]: If more women enter the labor force and the number of available the jobs remains unchanged, the unemployment rate will, ceteris paribus, A) increase. B) decrease. C) remain unchanged. D) equal the natural rate of unemployment. Answer: A Diff: 2 Topic: Unemployment: Economics in Practice Skill: Conceptual AACSB: Reflective Thinking 2 Tr ue /F al s e 1) When more people who are not working start looking for jobs, the labor-force participation rate increases. Answer: TRUE Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 2) Labor productivity is total output divided by the total number of worker hours. Answer: TRUE Diff: 1 Topic: Unemployment Skill: Defin...
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This note was uploaded on 11/13/2013 for the course BUSINESS EC201-03 taught by Professor Auguste during the Fall '13 term at Monroe.

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