\[\begin{array} { | c | l | l | l | } \hline \begin{array} { l } \text { Total } \\ \text { population } \\ \text { (millions) } \end{array} & \begin{array} { c } \text { Currently } \\ \text { employed } \\ \text { (millions) } \end{array} & \begin{array} { c } \text { Not working } \\ \text { and looking for } \\ \text { work (millions) } \end{array} & \begin{array} { c } \text { Want to work but } \\ \text { no longer looking } \\ \text { for work } \\ \text { (millions) } \end{array} \\ \hline 80 & 40 & 2 & 4 \\ \hline \end{array}\] -The labor force participation rate is the ratio of

A) the labor force divided by the total population) multiplied by 100. B) the number of unemployed divided by the labor force) multiplied by 100. C) the labor force divided by the working-age population) multiplied by 100. D) the number of unemployed divided by the working-age population) multiplied by 100. A) the labor force divided by the total population) multiplied by 100. B) the number of unemployed divided by the labor force) multiplied by 100. C) the labor force divided by the working-age population) multiplied by 100. D) the number of unemployed divided by the working-age population) multiplied by 100.

\[\begin{array} { | l | c | } \hline { \text { Component } } & \begin{array} { l } \text { Number of } \\ \text { people } \end{array} \\ \hline \text { Total population } & 2600 \\ \hline \text { Working-age population } & 2000 \\ \hline \text { Not in labor force } & 500 \\ \hline \text { Employed } & 1300 \\ \hline \end{array}\] -Using the information in the table above, calculate the number of people in the labor force.

A) 2500 B) 1500 C) 800 D) 2100 A) 2500 B) 1500 C) 800 D) 2100

\[\begin{array} { | c | l | l | l | } \hline && { 2008 } & 2009 \\ \hline \text { Item } & \text { Quantity } & \text { Frice } & \text { Price } \\ \hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\ \hline \begin{array} { c } \text { Bags of } \\ \text { popcorn } \end{array} & 2 & \$ 3.00 & \$ 3.00 \\ \hline \text { Drinks of soda } & 4 & \$ 1.00 & \$ 1.50 \\ \hline \end{array}\] -The information in the table above gives the 2008 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2009 prices. What is the value of the CPI for the reference base period, 2008?

A) 100 B) 75 C) 133 D) 140 A) 100 B) 75 C) 133 D) 140

Exam 5: Monitoring Jobs and Inflation

Total population (millions) Currently employed (millions) Not working and looking for work (millions) Want to work but no longer looking for work (millions) 80 40 2 4 -The labor force participation rate is the ratio of

(Multiple Choice)

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Question 321

A discouraged worker counted as officially unemployed and counted as in the labor force.

(Multiple Choice)

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Question 322

The natural unemployment rate .

(Multiple Choice)

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Question 323

The nationʹs structural unemployment will increase when

(Multiple Choice)

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Question 324

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is__ . Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is .

(Multiple Choice)

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(50)

Question 325

If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the employment-to-population ratio is

(Multiple Choice)

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Question 326

Who of the following is counted as unemployed?

(Multiple Choice)

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Question 327

The unemployment rate is calculated as

(Multiple Choice)

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Question 328

The unemployment rate is 6 percent. If the population is 300 million, and the number unemployed is 6 million and the number employed is 94 million, what is the size of the labor force?

(Essay)

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Question 329

In an economy, 42 million people are in the labor force, 38 million are employed, and 47 million are of working age. How many people are not in the labor force?

(Multiple Choice)

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Question 330

When more labor is unemployed than the amount at the natural unemployment rate, then real GDP __________potential GDP.

(Multiple Choice)

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Question 331

If the price level last year was 220 and this year is 250, what is the inflation rate between the two years?

(Multiple Choice)

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Question 332

Suppose the CPI last year is 121 and the CPI this year is 137. The correct method to calculate the inflation rate is

(Multiple Choice)

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Question 333

In a country with a working-age population of 100 million, 70 million workers are employed and 5 million workers are unemployed. What is the labor force participation rate?

(Multiple Choice)

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Question 334

Component Number of people Total population 2600 Working-age population 2000 Not in labor force 500 Employed 1300 -Using the information in the table above, calculate the number of people in the labor force.

(Multiple Choice)

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Question 335

Unemployment that is the result of recessions is called

(Multiple Choice)

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Question 336

Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3)5 percent. Then cyclical unemployment is

(Multiple Choice)

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Question 337

2008 2009 Item Quantity Frice Price Movie tickets 4 \ 5.00 \ 7.50 Bags of popcorn 2 \ 3.00 \ 3.00 Drinks of soda 4 \ 1.00 \ 1.50 -The information in the table above gives the 2008 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2009 prices. What is the value of the CPI for the reference base period, 2008?

(Multiple Choice)

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Question 338

Students who leave school in the spring and look for work are one source of__________ .

(Multiple Choice)

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Question 339

Unemployment caused by the normal labor turnover is called __________unemployment.

(Multiple Choice)

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Question 340

Total population (millions) Currently employed (millions) Not working and looking for work (millions) Want to work but no longer looking for work (millions) 80 40 2 4 -The labor force participation rate is the ratio of

A discouraged worker counted as officially unemployed and counted as in the labor force.

The natural unemployment rate .

The nationʹs structural unemployment will increase when

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is__ . Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is .

If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the employment-to-population ratio is

Who of the following is counted as unemployed?

The unemployment rate is calculated as

The unemployment rate is 6 percent. If the population is 300 million, and the number unemployed is 6 million and the number employed is 94 million, what is the size of the labor force?

In an economy, 42 million people are in the labor force, 38 million are employed, and 47 million are of working age. How many people are not in the labor force?

When more labor is unemployed than the amount at the natural unemployment rate, then real GDP __________potential GDP.

If the price level last year was 220 and this year is 250, what is the inflation rate between the two years?

Suppose the CPI last year is 121 and the CPI this year is 137. The correct method to calculate the inflation rate is

In a country with a working-age population of 100 million, 70 million workers are employed and 5 million workers are unemployed. What is the labor force participation rate?

Component Number of people Total population 2600 Working-age population 2000 Not in labor force 500 Employed 1300 -Using the information in the table above, calculate the number of people in the labor force.

Unemployment that is the result of recessions is called

Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3)5 percent. Then cyclical unemployment is

Students who leave school in the spring and look for work are one source of__________ .

Unemployment caused by the normal labor turnover is called __________unemployment.

What Is Economics

The Economic Problem

Demand and Supply

Measuring Gdp and Economic Growth

Economic Growth

Finance, Saving, and Investment

Money, the Price Level, and Inflation

The Exchange Rate and the Balance of Payments

Aggregate Supply and Aggregate Demand

Expenditure Multipliers: the Keynesian Model

U.S Inflation, Unemployment, and Business Cycle

Fiscal Policy

Monetary Policy

International Trade Policy

Review

Filters

Exam 5: Monitoring Jobs and Inflation

Total population (millions) Currently employed (millions) Not working and looking for work (millions) Want to work but no longer looking for work (millions) 80 40 2 4 -The labor force participation rate is the ratio of

A discouraged worker__________ counted as officially unemployed and __________counted as in the labor force.

The natural unemployment rate .

The nationʹs structural unemployment will increase when

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is____________ . Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is __________.

If the number of people unemployed is 100, the number of people employed is 1000, and the working-age population is 1400, then the employment-to-population ratio is

Who of the following is counted as unemployed?

The unemployment rate is calculated as

The unemployment rate is 6 percent. If the population is 300 million, and the number unemployed is 6 million and the number employed is 94 million, what is the size of the labor force?

In an economy, 42 million people are in the labor force, 38 million are employed, and 47 million are of working age. How many people are not in the labor force?

When more labor is unemployed than the amount at the natural unemployment rate, then real GDP __________potential GDP.

If the price level last year was 220 and this year is 250, what is the inflation rate between the two years?

Suppose the CPI last year is 121 and the CPI this year is 137. The correct method to calculate the inflation rate is

In a country with a working-age population of 100 million, 70 million workers are employed and 5 million workers are unemployed. What is the labor force participation rate?

Component Number of people Total population 2600 Working-age population 2000 Not in labor force 500 Employed 1300 -Using the information in the table above, calculate the number of people in the labor force.

Unemployment that is the result of recessions is called

Suppose that the natural unemployment rate is 4.5 percent and the actual unemployment rate is 3)5 percent. Then cyclical unemployment is

Students who leave school in the spring and look for work are one source of__________ .

Unemployment caused by the normal labor turnover is called __________unemployment.

What Is Economics

The Economic Problem

Demand and Supply

Measuring Gdp and Economic Growth

Economic Growth

Finance, Saving, and Investment

Money, the Price Level, and Inflation

The Exchange Rate and the Balance of Payments

Aggregate Supply and Aggregate Demand

Expenditure Multipliers: the Keynesian Model

U.S Inflation, Unemployment, and Business Cycle

Fiscal Policy

Monetary Policy

International Trade Policy

Review

Filters

A discouraged worker counted as officially unemployed and counted as in the labor force.

Assume that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is__ . Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is .