Home / Questions / The labor force is 100 million and the unemployment rate is 5 percent. One million people
The labor force is 100 million and the unemployment rate is 5 percent. One million people quit looking for a job. What is it called when an individual leaves the labor force, and in this case what is the new unemployment rate?
A) Encouraged worker, 5 percent.
B) Discouraged worker, 5.05 percent.
C) Discouraged worker, 3 percent.
D) Discouraged worker, 4.04 percent.
52) The natural rate of unemployment is also called:
A) non-accelerating inflation rate of unemployment.
B) accelerating inflation rate of unemployment.
C) accelerating deflation rate of unemployment.
D) none of the above.
53) The level of aggregate output and income where there is a balance between spending and production decisions and where the economy moves toward is called:
A) disequilibrium level of output and income.
B) equilibrium level of output and income.
C) disequilibrium level of employment.
D) none of the above.
54) The legislation passed in 1946 that requires governmental institutions to promote "maximum employment, production, and purchasing power" is called:
A) Full Employment and Balanced Growth Act.
B) Federal Reserve Act.
C) Employment Act.
D) Unemployment Act.
55) Changes in taxes and spending by the executive and legislative branches of a country's government that can be used to either stimulate or restrain the economy are called:
A) monetary policy.
B) fiscal policy.
C) foreign policy.
D) exchange rate policy.
56) Policies adopted by a country's central bank that influence interest rates and credit conditions, which in turn influence consumer and business spending are called:
A) monetary policy.
B) fiscal policy.
C) foreign policy.
D) exchange rate policy.
57) Balance of payments issues are related to the relative value of different countries' currencies and the flow of goods, services, and financial assets among countries. The rate at which one country's currency can be traded for another is called:
A) the trade balance.
B) capital inflows.
C) capital outflows.
D) the exchange rate.
58) A trade balance where exports exceed imports is called:
A) trade surplus.
B) trade deficit.
C) budget deficit.
D) none of the above.
59) Capital flows deal with:
A) buying and selling of newly produced final goods and services among countries.
B) buying and selling of existing real and financial assets among countries.
C) buying and selling of only domestic final goods and services.
D) none of the above
Dec 07 2019 Read more Less More
Refer to Theory in Practice 4.1 in Section 4.2.2. Required a. Use efficient securities market theory to explain how “dart throwing” may be a desirable investment strategy...
May 15 2020Magna Corporation has the following securities outstanding: 1,000,000 shares of common stock, 200,000 shares of $2.50 (annual dividend) preferred stock, and $10,000,000 o...
Jun 16 2020Branson Co. received its bank statement for the month ending May 31, 2009, and reconciled the statement balance to the May 31, 2009, balance in the Cash account.The recon...
Apr 25 2018Suppose the following: You are an HR Director for a US-based company and are preparing to relocate one of your U.S. employees to Canada to start a new division of the com...
May 27 2020what are the relation which derive the relation between young modulus(E) and bulk modulus(K) descirbe in detain and with solution
May 16 2020Which of the following pyramids can never be inverted in a natural ecosystem? (A) Pyramid of numbers (B) Pyramid of energy (C) Pyramid of biomass (D) All can be i...
Mar 21 2018Consider the following classical inventory problem. A retailer must decide the quantity Q to order periodically to minimize expected annual cost. The retailer faces deman...
Apr 24 2018Fraud research indicates three conditions must exist before a fraud occurs: Pressure/Incentive, Rationalization, and Opportunity. (a) What do you think were Jérôme...
Jun 25 2020Fred is generating a list of potential customers and assessing their potential. He is in which step of the personal selling process? A.step 1B.step 2C.step 3D.step 4E....
Dec 16 2019Discuss 3 services that can improve the quality of care of the client for example: day centres, evening classes, social groups etc.
Mar 14 2020Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.