Table labor force distribution based on the

This preview shows page 85 - 88 out of 138 pages.

(Table: Labor Force Distribution) Based on the accompanying table, the total population is:486 million. Incorrect253 million. Incorrect278 million. (True Answer )Correct283 million. Incorrect1125 The convergence hypothesis says that international differences in GDP per capita tend to: narrow over time. (True Answer )Correctexpand over time. Incorrectremain steady over time. Incorrectnarrow and then expand over time. Incorrect1126 Reference: Ref 23-2 (Table: Labor Force Distribution) Based on the accompanying table, the unemployment rate is:3.85%. (True Answer )Correct10%. Incorrect4.55%. Incorrect6.75%. Incorrect1127 Throughout the twentieth century, nations in Latin America experienced disappointing growth rates primarily due to: low rates of national savings, political instability, and little emphasis on education. (True Answer )Correctlow rates of investment in physical capital that offset a strong emphasis on education. Incorrectabundant natural resources, rapid technological progress, and political instability. Incorrectlow rates of national savings, a scarcity of natural resources, and political instability. Incorrect
1128 If a country has a working-age population of 200 million, 135 million people with jobs, 10 million people who were looking for a job but have given up, and 5 million people unemployed and seeking employment, then its labor force is: 150 million. Incorrect145 million. Incorrect140 million. (True Answer )Correct135 million. Incorrect1129 The book cites which factor for slow growth in Latin America countries? their reliance on the drug trade Incorrectexcessive government intervention in the economy (True Answer )Correctan overly high birth rate Incorrectexcessive reliance on America for foreign trade Incorrect1130 If a country has a working-age population of 200 million, 135 million people with jobs, 10 million people who were looking for a job but have given up, and 5 million people unemployed and seeking employment, then the number of discouraged workers is: 25 million. Incorrect15 million. Incorrect10 million. (True Answer )Correct5 million. Incorrect1131 Which of the following is one reason for Latin America's lack of economic growth since 1920? The governments spent too much money on education. IncorrectLatin American industries could not compete with all of the imported products. IncorrectSavings and investment spending have been low because government policies have led to inflation, bank failures, and other disruptions. (True Answer )CorrectLatin America has very few natural resources. Incorrect1132 A person who is out of work, would like to work, but has given up looking for work is called: unemployed. Incorrect
employed. Incorrecta discouraged worker. (True Answer )Correcta lazy nonworker. Incorrect1133 Suppose that roughly 8 million people in the United States were actively seeking jobs but had not found them this month, the same number as last month. Suppose that 2 million of the people who were unemployed last month gave up their search

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture