EC201 chapter_7_Quiz Full

B decreasethe unemploymentrate c notchangethe

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Unformatted text preview: Topic: Unemployment Skill: Analytic AACSB: Analytic Skills 37) When 100 people who were previously looking for jobs stop looking for jobs, the A) unemployment rate increases. B) size of the labor force decreases. C) labor-force participation rate does not change. D) unemployment rate does not change. Answer: B Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 38) Classifyin g discouraged workers as unemployed would A) increase the unemployment rate. B) decrease the unemployment rate. C) not change the unemployment rate. D) have an indeterminate impact on the unemployment rate. Answer: A Diff: 2 Topic: Unemployment Skill: Conceptual AACSB: Reflective Thinking 39) In normal times the number of discouraged workers is approximately ________ of the labor force. A) .5% B) 4% C) 3% D) 1% Answer: D Diff: 1 Topic: Unemployment Skill: Fact 40) Which of the following groups has the highest unemployment rate among teenagers? A) white males B) African American males C) white females D) African American females Answer: B Diff: 1 Topic: Unemployment Skill: Fact 41) Which of the foll...
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