Economics Quiz 10 questions – coursefighter.com
Economics Quiz 10 questions – coursefighter.com
Business Finance – coursefighter.com
I have a quiz, which is 10 questions. They are multiple questions, just show me the correct one. I want 100% please. If you can’t give me that don’t take my assignment please. I will post the questions below:-
question 1
Assume that six million people are looking for work but do not have a job. The number of people who do not have a job is 73 million. The number of people who have part-time jobs is 42 million. The number of people who have full-time jobs is 86 million. What is the unemployment rate, rounded to the second decimal place?
10 points
Question 2
Among adults who are both non institutionalized and civilians, which of the following groups are included in the category “not in the labor force”?
Retirees.
College students who are not working or looking for work.
Unemployed people.
Both answers (1) and (2).
10 points
Question 3
Which of the following is NOT a cause of structural unemployment?
Trade policy and globalization.
The aging of the baby boomers.
Technological change.
Labor regulations.
10 points
Question 4
The internet likely has __________ frictional unemployment.
reduced
increased
not affected
10 points
Question 5
A minimum wage can result in structural unemployment if ______________.
it is set at the market wage.
it is set above the market wage.
it is set below the market wage.
it is set either above or below the market wage.
10 points
Question 6
The natural rate of unemployment _________________.
consists of both frictional and structural unemployment.
can be either above or below the actual unemployment rate.
is believed to have changed somewhat over time.
all of the above and answers are correct.
10 points
Question 7
Over time, female labor supply has ________________.
become more responsive to changes in wages, meaning that higher wages are associated with a greater increase in the quantity of female labor supplied than before.
become less responsive to changes in wages, meaning that higher wages are associated with a lower increase in the quantity of female labor supplied than before.
is unchanged insofar as its responsiveness to wages.
10 points
Question 8
Between 1990 and the present, the labor force participation rate for people over the age of 55 in the US has _____________.
increased.
decreased.
stayed the same.
10 points
Question 9
“Keynesian” economists think that cyclical unemployment is caused principally by
shocks to the real economy, like changes in oil prices.
insufficient aggregate demand.
globalization.
technological change.
10 points
Question 10
A discouraged worker is someone
who is employed but really doesn’t like her/his job.
who is employed, but has been repeatedly turned down for promotion.
who is unemployed.
who is not in the labor force, but says the she/he wants to work.