Deck 6: Jobs and Unemployment

Question 1

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of People } \\\text { (millions) }\end{array} \\\hline \text { Marginally attached workers } & 2.1 \\\text { Unemployed workers } & 12.1 \\\text { Employed workers } & 140.0 \\\text { Working-age population } & 250.0 \\\hline\end{array}$

-
Using the data in the above table, the labor force participation rate is

A)60.8 percent.
B)4.8 percent.
C)64.4 percent.
D)61.6 percent.
E)56 percent.

Answer 1

60.8 percent.

Question 2

In the 2008-09 recession, the percentage of part-time workers due to economic reasons

A)decreased slightly over the period.
B)did not include teenagers.
C)rose to almost 18 percent.
D)equalled the unemployment rate for those who are part-time workers due to non-economic reasons.
E)doubled from 3 percent to 6 percent.

Answer 2

E

Question 3

Structural unemployment usually lasts_{-------------}period of time_{-------------}unemployment

A)a shorter; than seasonal
B)the same; as cyclical
C)a shorter; than frictional
D)a longer ; than frictional
E)a shorter; than cyclical

Answer 3

a longer ; than frictional

Question 4

Consider the following people:
· Chris quits his job as an automobile mechanic to pursue his college education full-time.
· Darrelo was laid off from her technical support job because of a strike by production workers and is currently looking for a new job.
· Rita graduated from college and is currently looking for a job.
· Armondo quit his old job and will begin his new job in four days.
· Thorton was fired from his job as a steel worker because of massive imports of steel and he is looking for a new job.
· Jung was laid off from his job as an appraiser because the firm's business declined because of a general downturn in the
economy and he is currently looking for a new job as an appraiser.


-According to the scenario above, in which of the following groups are all the people structurally
Unemployed?

A)Darrelo and Thorton
B)Thorton and Darrelo
C)Jung
D)Rita, Armondo, and Chris
E)Thorton

Question 5

In January of 2001, the population of the United States was 276.8 million, the working-age Population was 210.2 million, the total number of people employed was 140, and the total number
Of people unemployed was 5.0 million. What was the labor force participation rate?

A)78 percent
B)90 percent
C)56 percent
D)69 percent
E)67 percent

Question 6

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of People } \\\text { (millions) }\end{array} \\\hline \text { Marginally attached workers } & 2.1 \\\text { Unemployed workers } & 12.1 \\\text { Employed workers } & 140.0 \\\text { Working-age population } & 250.0 \\\hline\end{array}$
The following are groups of individuals in the population:
1. Individuals who are under 16
2. Individuals in institutional care
3. Individual in the armed forces
4. Individuals working for pay at a fulltime job
5. Individuals who are employed
6. Individuals not employed but were available for work and were looking for work
7. Individuals not employed and looking for work


-
Using the table above, the Current Population Survey classifies the group of individuals who are
Left after subtracting from the total population groups 1, 2, 3, 4, 5, and 6 as

A)unemployed.
B)the labor force.
C)discouraged workers.
D)employed.
E)not in the labor force.

Question 7

In measuring the unemployment rate, part-time workers are_{-------------}
and discouraged workers are_{-------------} .

A)included as unemployed if they are involuntary part-time workers; excluded
B)included as employed; excluded
C)excluded; included as unemployed
D)included as employed; included as unemployed
E)excluded; excluded

Question 8

Phillip is a 22-year old who has no job and is available for work, but has not actively looked for a job in the last month. The Current Population Survey identifies Phillip as , the labor force, and the working-age population.

A)unemployed; part of; not part of
B)not unemployed; not part of; part of
C)not unemployed; not part of; not part of
D)not unemployed; part of; part of
E)unemployed; part of; part of

Question 9

Potential GDP is reached when

A)there is no cyclical unemployment.
B)unemployment is above full employment.
C)unemployment is below full employment.
D)unemployment is zero.
E)the natural unemployment rate equals zero.

Question 10

$\begin{array} { l c c } \hline { \text { Country } } & \begin{array} { c } \text { Employment } \\\text { (millions of people) }\end{array} & \begin{array} { c } \text { Unemployment } \\\text { (millions of people) }\end{array} \\\hline \text { Canada } & 4.5 & 1.2 \\\text { Japan } & 64.2 & 3.2 \\\text { United States } & 133.5 & 5.9 \\\hline\end{array}$
The table above gives the number of people employed and the number of people unemployed in Canada, Japan, and the United States on the average during 1999. In 1999, the unemployment rate in was the highest and the unemployment rate in _ was the lowest.

A)the United States; Japan
B)Japan; the United States
C)Canada; the United States
D)Canada; Japan
E)Japan; Canada

Question 11

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of People } \\\text { (millions) }\end{array} \\\hline \text { Marginally attached workers } & 2.1 \\\text { Unemployed workers } & 12.1 \\\text { Employed workers } & 140.0 \\\text { Working-age population } & 250.0 \\\hline\end{array}$

-
Using the data in the above table, the unemployment rate is

A)9.3 percent.
B)8.6 percent.
C)4.6 percent.
D)8.0 percent.
E)4.8 percent.

Question 12

$\begin{array}{clcc}\hline &&&\text { Want to Work But }\\\text { Total } & \text { Currently } & \text { Not Working and } & \text { No Longer } \\\text { Population } & \text { Employed } & \text { Looking for Work } & \text { Looking for Work } \\\text { (millions) } & \text { (millions) } & \text { ( millions) } & \text { (millions) }\\\hline80&40&2&4\\\hline\end{array}$
In the table above, the unemployment rate is

A)4.8 percent.
B)50.0 percent.
C)15.0 percent.
D)5.0 percent.
E)10.0 percent.

Question 13

Structural unemployment is the result of

A)normal labor market turnover.
B)irresponsible workers with poor work habits.
C)a slowdown in the rate of economic expansion.
D)changing weather patterns through the year.
E)technological change or foreign competition.

Question 14

Which of the following people would be considered unemployed?

A)Shirley, who is working but expects to be laid off at the end of the month
B)Bobby, a full-time student in his last term before he graduates and who has not yet started to look for a job
C)Pat, who gave up looking for a job because he was discouraged about his job prospects
D)Victoria, who does not have a job and has been actively searching for work, but turned down a job paying less than she desired
E)Sam, a part-time worker who wishes to work full time

Question 15

In the United States, a reason for the increase of the labor force participation rate for women is that

A)there has been a decrease in jobs with flexible hours.
B)an increase in wealth allowed men to retire early.
C)improved Social Security benefits are available for women if they work.
D)more women pursued a college education and received higher wages upon graduation.
E)fewer women married.

Question 16

An employee who is fired from his or her job because he or she lacks the skills required to
Accomplish the task, is part of _{-------------}unemployment.

A)withdrawal
B)frictional
C)unskilled
D)structural
E)cyclical

Question 17

Frictional unemployment is the result of

A)a slowdown in the rate of economic expansion.
B)normal labor market turnover.
C)the economy entering a strong expansion.
D)technological change or foreign competition.
E)changes in the weather.

Question 18

If KeKe, age 32, worked 12 hours as a paid employee the week before the Current PopulationSurvey, KeKe is classified in the Current Population Survey as _{-------------}when calculating the unemployment rate.

A)not in the labor force
B)unemployed
C)underemployed
D)a discouraged worker
E)employed

Question 19

The number of part-time workers for economic reasons_{-------------} during recessions and the Number of part-time workers for noneconomic reasons _{-------------}during recessions

A)increases; decreases
B)does not change; does not change
C)increases; does not change
D)increases; increases
E)decreases; increases

Question 20

When the automobile replaced horse-drawn carriages as the principal means of transportation, firms producing horse-drawn carriages went bankrupt and permanently laid off all their workers, thereby increasing
I. seasonal unemployment. ii. structural unemployment. iii. cyclical unemployment.

A)i and iii
B)i and ii
C)i only
D)ii only
E)ii and iii

Question 21

Jane is a 25 year old, full-time student. She works part time in her school library and is paid $7 an hour. She is considered to be

A)in labor force but not working.
B)unemployed.
C)employed.
D)not in labor force.
E)not in the working-age population because she is in college.

Question 22

The upward trend in the U.S. labor force participation rate the the past 50 years is explained by

A)the increase in the number of discouraged workers.
B)the increase in the female labor force participation rate.
C)the increase in the population.
D)the increase in the male labor force participation rate.
E)Both answers B and D are correct.

Question 23

Since 1980 the percentage of part-time workers who are part time for economic reasons

A)has steadily increased.
B)at first increased then generally decreased.
C)has steadily decreased.
D)has remained approximately constant.
E)generally increased in recessions and decreased in expansions.

Question 24

People who are willing and able to work but are not looking for work because they have been discouraged by their previous futile efforts are called

A)unhappy workers.
B)discouraged workers.
C)involuntarily unemployed.
D)part-time lookers.
E)unemployed workers.

Question 25

During a recession the unemployment rate generally_{-------------} and during an expansion the unemployment rate generally _{-------------}.

A)rises; rises
B)does not change; falls
C)rises; does not change
D)falls; rises
E)rises; falls

Question 26

To be considered unemployed, a worker must have had

A)no employment during the week before the survey and be actively looking for a job.
B)part-time employment while actively looking for a full-time job.
C)no employment during the week before the survey and be actively looking for a job while a student.
D)no employment during the day before the survey and be actively looking for a job.
E)Both answers A and B are correct.

Question 27

If the number of employed people is 150 million, the number of unemployed people is 50 million,
And the working-age population equals 285 million people, the labor force participation rate is

A)70.2 percent.
B)25 percent.
C)81 percent.
D)17.5 percent.
E)52.6 percent.

Question 28

The working-age population of people over the age of 16 can be divided into two groups, people

A)in the labor force and people who are not in the labor force.
B)looking for work and those in the U.S. Armed Forces.
C)with a job and people actively seeking a job.
D)in the labor force and people looking for work.
E)in the labor force and people with a job.

Question 29

While in school, Kiki spends 20 hours a week as a computer programmer for Microsoft and studies
30 hours a week.

A)Because Kiki is a student, she is classified as a full-time worker, working 20 hours a week at a paid job.
B)Because Kiki is a student, she is not classified as working.
C)Kiki is classified as a part-time worker, working 30 hours a week.
D)Kiki is classified as a part-time worker, working 20 hours a week.
E)Kiki is classified as a full-time worker, working 50 hours a week.

Question 30

When cyclical unemployment is zero,

A)the unemployment rate equals the natural unemployment rate.
B)frictional unemployment is zero.
C)structural unemployment is zero.
D)the natural unemployment rate is zero.
E)cyclical and frictional unemployment are zero.

Question 31

At full employment, there is no

A)cyclical unemployment.
B)structural unemployment.
C)structural and seasonal unemployment.
D)frictional unemployment.
E)unemployment.

Question 32

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of People } \\\text { (millions) }\end{array} \\\hline \text { Marginally attached workers } & 2.1 \\\text { Unemployed workers } & 12.1 \\\text { Employed workers } & 140.0 \\\text { Working-age population } & 250.0 \\\hline\end{array}$

-
Using the data in the above table, the labor force is

A)154.2 million.
B)140.0 million.
C)250.0 million.
D)127.9 million.
E)152.1 million.

Question 33

Julie works part-time for economic reasons. She would be considered

A)an involuntary part-time worker.
B)unemployed as calculated by the Bureau of Labor statistics.
C)not in the labor force.
D)a job seeker.
E)a discouraged worker.

Question 34

At the peak of a business cycle, the

A)unemployment rate is below the natural unemployment rate.
B)frictional unemployment rate is zero.
C)natural unemployment rate is negative.
D)unemployment rate is above the natural unemployment rate.
E)cyclical unemployment rate is positive.

Question 35

In 2008 as the economy moved into a recession,

A)cyclical unemployment increased.
B)frictional unemployment was not affected.
C)natural unemployment decreased.
D)structural unemployment decreased.
E)the number of marginally attached workers decreased.

Question 36

The total U.S. labor force participation rate increased over the past 50 years because

A)the male labor force participation rate increased.
B)fewer women are attending college.
C)the female labor force participation rate increased.
D)many blue-collar jobs with rigid work hours have been created in the last decade.
E)more men are retiring early.

Question 37

If the Federal government expands its support of education and retraining of workers who have been unemployed for a relatively long length of
time, which type of unemployment would the
Education and retraining most likely be targeted?

A)Structural
B)Government
C)Cyclical
D)Frictional
E)Discouraged

Question 38

Assume the U.S. population is 300 million. If the working age population is 240 million, 150 million are employed, and 6 million are unemployed, what is the labor force?

A)150 million
B)144 million
C)300 million
D)156 million
E)240 million

Question 39

The unemployment rate measures the percentage of

A)the working-age population that can't find a full-time job.
B)the working-age population who can't find a job.
C)people who want full-time jobs, but can't find them.
D)people in the labor force who can't find a job.
E)employed people who can't find a job.

Question 40

Rosina Gonzales quit her job in Pennsylvania and moved to California to be close to her family. She is currently looking for work, so she would be considered

A)not in the labor force because she moved more than 150 miles.
B)frictionally unemployed.
C)avoidably unemployed.
D)a discouraged worker.
E)cyclically unemployed.

Question 41

Which of the following would be considered a marginally attached worker?
I)Amy, who is working 20 hours per week at her father's business
Ii)Carl, who isn't working and has not looked for work in 3 months because he has been turned down for work when he last looked
Iii)Keke, who quit her job to take care of her daughter

A)i only
B)ii only
C)ii and iii
D)i, ii, and iii
E)i and ii

Question 42

Discouraged workers who are over 16 years old are i. not counted as unemployed.
Ii. part of the working-age population. iii. part of the labor force.

A)i, ii, and iii
B)i and ii
C)ii only
D)i only
E)ii and iii

Question 43

Suppose a 23-year old graduate student is looking for a full-time job , but has to take a part-time job instead. He or she will be categorized in the Current Population Survey as_{-------------} when calculating the unemployment rate.

A)unemployed
B)employed
C)underemployed
D)a discouraged worker
E)not in the labor force

Question 44

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of People } \\\text { (thousands) }\end{array} \\\hline \text { Employment } & 27,793 \\\text { Unemployment } & 1,619 \\\text { Working-age population } & 46,581 \\\hline\end{array}$
The table above shows data reported by the Office for National Statistics for the United Kingdom in
September 2000. In September 2000, the labor force participation rate is

A)63.1 percent.
B)40.3 percent.
C)58.3 percent.
D)59.7 percent.
E)34.8 percent.

Question 45

An increase in unemployment benefits _ and an increase in international competition that
Changes the location of jobs .

A)decreases cyclical unemployment; decreases cyclical unemployment
B)increases frictional unemployment; increases structural unemployment
C)decreases cyclical unemployment; increases cyclical unemployment
D)decreases structural unemployment; decreases cyclical unemployment
E)increases structural unemployment; decreases frictional unemployment

Question 46

Rob is considered unemployed in the Current Population Survey if he

A)is in his last term of college before he graduates.
B)does not have a job and stopped looking for a job at least two months ago.
C)has looked for a job in the last four weeks but has not found a job.
D)has a part-time job but would like a full-time job.
E)has worked at least 1 hour but not more than 15 hours as a paid employee during the last week.

Question 47

Harry works at the video rental store for 20 hours per week. He's asked his boss to allow him to
Work 40 hours per week, but has been told that business is too slow. Harry is considered

A)a discouraged worker.
B)not in the labor force.
C)a marginally attached worker.
D)an involuntary part-time worker.
E)a job seeker.

Question 48

A marginally attached worker is

A)someone who does not have a job but is available and willing to work and has made specific but unsuccessful efforts to find a job during the past 4 weeks.
B)a person who is not happy with his or her job.
C)another name for an unemployed worker.
D)someone who works part-time more than 25 hours per week but wants full-time work.
E)someone who does not have a job but is available and willing to work but has not made specific efforts to find a job during the past 4 weeks.

Question 49

During a recession, the average duration of unemployment tends to

A)remain constant.
B)be about the same as during an expansion.
C)decrease.
D)increase.
E)be unpredictable.

Question 50

After 15 years with Ford Motor Corporation, one summer Cameron loses his job. His boss
Explained that his position has been downsized after the technological advances in automobile
Production. Cameron is best considered

A)cyclically unemployed.
B)avoidably unemployed.
C)not in the labor force.
D)frictionally unemployed.
E)structurally unemployed.

Question 51

As firms search for the best employee to fill an opening and the unemployed search for the job that
Best fits their skills, the economy experiences

A)changes in the business cycle.
B)frictional unemployment.
C)structural unemployment.
D)avoidable unemployment.
E)cyclical unemployment.

Question 52

When the unemployment rate equals the natural unemployment rate, most likely the economy is producing

A)either on or within the production possibilities frontier.
B)either on or beyond the production possibilities frontier.
C)on the production possibilities frontier.
D)beyond the production possibilities frontier.
E)within the production possibilities frontier.

Question 53

The unemployment rate is the

A)percentage of the working-age population that does not have a job.
B)percentage of employed people that does not have a job.
C)percentage of the population that does not have a job.
D)number of unemployed people.
E)percentage of the labor force that does not have a job.

Question 54

If the working age population_{-------------}and the labor force does not change, the _{-------------}

A)increases; labor force participation rate will increase
B)decreases; labor force will increase
C)increases; unemployment rate will increase
D)increases; labor force participation rate will decrease
E)decreases; unemployment rate will increase

Question 55

Suppose the U.S. population is 275 million. If 210 million people are of working age, 135 million are employed, and 6 million are unemployed, what is the labor force participation rate?

A)67 percent
B)76 percent
C)64 percent
D)49 percent
E)51 percent

Question 56

In 2011, part-time workers for noneconomic reasons were about _{-------------}of total employment and part-time workers for economic reasons were about_{-------------} of total employment.

A)17 percent; 17 percent
B)3 percent; 25 percent
C)2 percent; 12 percent
D)13 percent; 6 percent
E)13 percent; 20 percent

Question 57

$\begin{array} { l c } \hline \text { Category } & \text { Number of people } \\\hline \text { Labor force } & 10,000 \\\text { Employed } & 9,000 \\\text { Under 16 years of age } & 2,000 \\\text { Working-age population } & 12,000 \\\hline\end{array}$

-
Using the table above, the labor force participation rate is

A)83.3 percent.
B)10.0 percent.
C)11.1 percent.
D)100 percent.
E)90.0 percent.

Question 58

The women's labor force participation rate is

A)higher in Italy than in the United States.
B)higher in Spain than in Iceland.
C)higher in the United States than in France.
D)higher in the United States than in Iceland or Norway.
E)higher in Japan than in the United States.

Question 59

If Jose is 22-years old, is available to work but does not have a job and made no specific efforts to find a job for the previous month, Jose is classified in the Current Population Survey as

A)not in the working-age population.
B)in the labor force but not in the working-age population.
C)employed.
D)unemployed.
E)not in the labor force.

Question 60

When the unemployment rate is_{-------------} the natural unemployment rate, real GDP is_{-------------}
Potential GDP.

A)above; above
B)the same as; above
C)below; above
D)the same as; below
E)above; the same as

Question 61

$\begin{array} { l c } \hline { \text { Category } } \\\hline \text { Employment } & 14.5 \text { million } \\\text { Labor force } & 15.7 \text { million } \\\text { Working-age population } & 24.0 \text { million } \\\text { Average weekly hours } & 34.2 \text { hours } \\\hline\end{array}$

The table shows data reported by Statistics Canada for 1999. In 1999, the unemployment rate was

A)1.2 million.
B)7.9 percent.
C)6.1 percent.
D)5.0 percent.
E)7.6 percent.

Question 62

Joann has just lost her job because her company was faced with more foreign competition and decided to restructure, which reduced the number of jobs at the company. Joann is

A)cyclically unemployed.
B)internationally unemployed.
C)frictionally unemployed.
D)transported unemployed.
E)structurally unemployed.

Question 63

In order to obtain the data used to calculate the unemployment rate, the Bureau of Labor Statistics

A)adds the number of people collecting unemployment insurance from each state.
B)adds together all the reports of layoffs from businesses.
C)uses a survey from 60,000 households.
D)adds the state unemployment claims reports.
E)uses a survey from 160,000 firms.

Question 64

Which of the following help explain the increase in the U.S. labor force participation rate for women?
I. There was a significant fall in the number of children women were choosing to have. ii. There was an increase in the educational level of women.
Iii. Technological change in the home increased the time available for work outside the home.

A)i, ii, and iii
B)i and ii
C)ii only
D)i only
E)ii and iii

Question 65

Which of the following describe the United States' unemployment rate over the last 80 years?
I)The unemployment rate has decreased each year since the Great Depression.
Ii)The unemployment rate has averaged about 5.7 percent since 1929.
Iii)Job creation due to defense spending and consumer spending in the 1960s drove the unemployment rate to one of its lowest level.

A)i only
B)i and ii only
C)ii and iii only
D)i, ii and iii
E)i and iii

Question 66

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of people } \\\text { (millions) }\end{array} \\\hline \text { Total population } & 250 \\\text { Less than 16 years of age } & 30 \\\text { Institutionalized } & 15 \\\text { Part-time workers } & 20 \\\text { Full-time workers } & 145 \\\text { Looking for work in the past 4 weeks } & 10 \\\text { In U.S. Armed Forces } & 10 \\\hline\end{array}$

-
Using the table above, the unemployment rate is

A)6.45 percent.
B)5.88 percent.
C)5.71 percent.
D)5.13 percent.
E)6.90 percent.

Question 67

Full employment occurs when

A)the unemployment rate is zero.
B)the frictional unemployment rate is zero.
C)the cyclical unemployment rate is zero.
D)the sum of frictional and structural unemployment is zero.
E)the structural unemployment rate is zero.

Question 68

U-4, U-5 and U-6 are

A)all broader measures of the unemployment rate.
B)broader measures of the labor force participation rate.
C)not used by the Bureau of Labor Statistics because they include too much variability.
D)all narrower measures of the unemployment rate.
E)narrower measures of the labor force participation rate.

Question 69

When the unemployment rate is_{-------------}the naturalunemployment rate, real GDP is_{-------------}

A)below; increasing
B)above; above potential GDP
C)above; increasing
D)equal to; either equal to potential GDP or above potential GDP
E)below; above potential GDP

Question 70

Suppose the working-age population is 500 million, the labor force is 200 million, and the unemployment rate is 15 percent. The number of unemployed people is

A)30 million.
B)105 million.
C)75 million.
D)15 million.
E)45 million.

Question 71

If real GDP exceeds potential GDP, then the unemployment rate _{-------------}the natural unemployment rate.

A)is greater than
B)equals
C)is less than
D)The premise of the question is incorrect because the relationship between real GDP and potential GDP has nothing to do with the relationship between the unemployment rate and the natural unemployment rate.
E)The premise of the question is incorrect because real GDP can never exceed potential GDP.

Question 72

The working-age population includes

A)only employed people over the age of 16.
B)those in jails and hospitals.
C)youngsters between the ages of 14 and 16 if they are working at least part time.
D)people over the age of 16 who are in the Army.
E)employed and unemployed people over the age of 16.

Question 73

During an recession, the duration of unemployment _{-------------}and the unemployment rate is_{-------------}the natural rate of unemployment.

A)shortens; equal to
B)lengthens; less than
C)does not change; equal to
D)shortens; greater than
E)lengthens; greater than

Question 74

Structural unemployment is the result of

A)downturns in the business cycle.
B)technology changes or foreign competition.
C)changing labor needs by firms during the year.
D)changes in the family structure.
E)voluntary job quitting by workers.

Question 75

The following are groups of individuals in the population:
1. Individuals who are under 16
2. Individuals in institutional care
3. Individual in the armed forces
4. Individuals working for pay at a fulltime job
5. Individuals who are employed
6. Individuals not employed but were available for work and were looking for work
7. Individuals not employed and looking for work
Using the table above, the Current Population Survey classifies the group of individuals obtained by adding groups 5 and 6 as

A)employed.
B)discouraged workers.
C)unemployed.
D)the working age population.
E)the labor force.

Question 76

$\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of people } \\\text { (millions) }\end{array} \\\hline \text { Discouraged workers } & 5 \\\text { Unemployed workers } & 12 \\\text { Employed workers } & 48 \\\text { Working-age population } & 100 \\\hline\end{array}$

-The average U.S. unemployment rate from 1948 has been about

A)5.8 percent.
B)15.7 percent.
C)10.7 percent.
D)2.7 percent.
E)19.7 percent.

Question 77

Which of the following would be considered unemployed as part of normal labor market turnover?
i.Juliet, who was fired when the company where she worked went bankrupt in a recession
ii.Hannah, who quit her job to find one that better suited her skills
iii.Charlotte, who started looking for a job upon graduation from high school

A)ii and iii
B)i and iii
C)i, ii and iii
D)i and ii
E)iii only

Question 78

Which of the following would be considered a marginally attached worker?
I)Lou, who worked 15 hours unpaid at her mother's store last month
Ii)Sylvia, who is not working and hasn't looked for work in 3 months
Iii)Meredith, who is no longer working after taking early retirement from her employer.

A)ii only
B)i and ii
C)i only
D)i and iii
E)i, ii and iii

Question 79

Over the past two decades, the unemployment rates in

A)the United Kingdom have almost always been much greater than the U.S. unemployment rates.
B)the Eurozone have been generally greater than U.S. unemployment rates.
C)the Eurozone have been generally less than U.S. unemployment rates.
D)Japan are much larger than those in the United States.
E)Canada are less than the U.S. unemployment rates.

Question 80

During 2009, General Motors announced that it would close its Saturn facilities in the United States
Because of the foreign competition it faced. This corporate move

A)increased structural unemployment.
B)decreased frictional unemployment.
C)increased avoidable unemployment.
D)increased cyclical unemployment.
E)had no impact on unemployment.