Sheamous loses his job and decides to sit on the beach rather than look for work during the next few months.Other things the same, the unemployment rate Select one: O a. is unaffected and the labor-force participation rate decreases. O b. increases and the labor-force participation rate is unaffected. O C. and the labor-force participation rate are both unaffected. Od increases and the labor-force participation rate decreases.

Sheamous loses his job and decides to sit on the beach rather than look for work during the next few months.Other things the same, the unemployment rate Select one: O a. is unaffected and the labor-force participation rate decreases. O b. increases and the labor-force participation rate is unaffected. O C. and the labor-force participation rate are both unaffected. Od increases and the labor-force participation rate decreases.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Similar questions

When the economy is at full employment, which types of unemployment remain? A. frictional and cyclical B. frictional and structural C. cyclical and structural D. None of the above. Full employment means that there is no unemployment, so the unemployment rate would be zero. The "normal" underlying level of unemployment in the economy is O A. the sum of structural unemployment and frictional unemployment. B. the natural rate of unemployment. C. the full-employment rate of unemployment. O D. All of the above.
Mark the most true response During the 1970s, the growing pursuit of professional careers by young women tended to: O decrease cyclical unemployment all of these decrease the overall rate of unemployment O Increase the overall labor force participation rate
Please answer fast
QUESTION 5 A worker who loses a job at a call center because the company moved the call center operations to another country is an example of O a. frictional unemployment. O b. structural unemployment. Oc. cyclical unemployment. O d. disguised unemployment.
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How does cyclical unemployment change between a business cycle trough and a business cycle peak? At a business cycle trough, cyclical unemployment is and at a business cycle peak, cyclical unemployment is O A. positive; negative B. high; zero C. zero; low O D. negative; positive
Which of the following statements are true? Select one or more: O a. Someone is counted as unemployed if they do not have a job. O b. The participation rate is the (employed/labour force) x 100. Oc. The unemployment rate is (unemployed/labour force) x 100. O d. The unemployment rate is (unemployed/population of working age) x 100. F
Question 33 One shortcoming of the official unemployment rate is that it a) is unreliable because it is easily manipulated by the government. b) accounts for underemployed workers and marginally attached workers. Oc) is very stable through recessions and is unreliable as an economic indicator. O d) includes only workers who have no jobs and are actively seeking work. O e) only indicates the length of unemployment.
Category Discouraged workers Unemployed workers Employed workers Population (16 years and over) Number (millions) 15 40 100 225 In the above table, the unemployment rate is Select one: a. 18 percent. O b. 6 percent. c. 24 percent. O d. 29 percent.
during expansions. The rate of unemployment tends to during recessions and During prolonged recessions, it is difficult for workers to find a job and many workers become discouraged. Which of the following is a correct statement? O A. Discouraged workers are counted in the labor force and cause the participation rate to fall. B. Discouraged workers are counted in the labor force and cause the participation rate to rise. C. Discouraged workers are not counted in the labor force and cause the participation rate to fall. OD. Discouraged workers are not counted in the labor force and cause the participation rate to rise.
Which of the following hypothetical policy changes could lower the official unemployment rate in the Philippines? (i) Increasing the mandatory retirement age in the private sector from 60 to 65 years old (ii) Increasing the years of basic education from 12 years to 13 years (iii) Expanding unemployment benefits provided by the Social Security System in terms of period of eligibility and amount O a. Only (ii) O b. Only (i) and (ii) O c. O d. Only (i) Only (iii)
The natural rate of unemployment is the estimated rate of unemployment that would prevail when unemployment is zero. Select one: a. seasonal O b. frictional c. cyclical Od. structural 4