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The labour-force participation rate shows the percentage of A) people not working, but wh

The labour-force participation rate shows the percentage of

A) people not working, but who want to work.

B) people who are not actively participating in meaningful economic activity.

C) new entrants into the labour force.

D) non-institutionalized working-age people who are actually working or seeking employment.

 

32) In Canada, the labour-force participation rate since 1950 has been

A) increasing for females.

B) declining for females.

C) declining for both males and females.

D) unchanged for both males and females.

33) A person quits her job in order to spend time looking for a better-paying job. This is an example of

A) frictional unemployment.

B) cyclical unemployment.

C) seasonal unemployment.

D) structural unemployment.

 

34) Environmental regulation reduces the demand for Saskatchewan coal, and the unemployment rate in Saskatchewan increases. This is an example of

A) frictional unemployment.

B) cyclical unemployment.

C) structural unemployment.

D) regulatory unemployment.

 

35) When the automobile replaced the horse as the primary means of transportation, the unemployment rate of blacksmiths increased. This was an example of

A) cyclical unemployment.

B) frictional unemployment.

C) seasonal unemployment.

D) structural unemployment.

 

36) Cutbacks in auto sales due to increased imports from Japan is an example of

A) cyclical unemployment.

B) frictional unemployment.

C) seasonal unemployment.

D) structural unemployment.

37) Suppose that Matt quits a job with the XYZ Corporation in order to look for more rewarding employment. Matt would be

A) counted as still being employed.

B) included in the economy's "hidden employment."

C) counted as frictionally unemployed.

D) counted as cyclically unemployed.

 

38) Many economists would argue that some frictional unemployment

A) creates massive economic disruptions and should be eliminated as quickly as feasible.

B) should be eliminated whatever the cost.

C) no longer exists because increased unemployment benefits have generally solved this problem.

D) cannot and probably should not be eliminated.

 

39) Frictional unemployment would increase when

A) migrant workers are unemployed after harvest season.

B) the number of individuals who quit one job to find another increases.

C) discouraged workers drop out of the work force.

D) workers are replaced by machines in production.

 

40) When an individual is frictionally unemployed, the unemployment arises from

A) a short-term elimination of jobs because of a slowdown in business activity.

B) imperfect labour market information which requires individuals to search for appropriate employment.

C) the permanent elimination of jobs because of a change in the structure of the economy.

D) a reduction in the overall demand for labour

Dec 07 2019 View more View Less

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