Unemploy

MACRO_UNEMPLOYMENT
Điểm: 15/16
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1. Octavia is a stay-at-home parent who has not searched for work in recent years.
Michael
does not currently have a job, but has applied for several jobs in the previous wee
k. Who does the Bureau of Labor Statistics count as "not in the labor force"? *
Michael but not Octavia
Octavia but not Michael 
Both Michael and Octavia
Neither Michael nor Octavia

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2. Who of the following is not included in the Bureau of Labor Statistics'

"employed" category? *
Those who worked in their own business
Those who worked as unpaid workers in a family member's business
Those waiting to be recalled to a job from which they had been laid off 
Those who were temporarily absent from work because of vacation
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3. If an unemployed person quits looking for work, then, eventually the

unemployment rate *
decreases, and the labor-force participation rate is unaffected.
and the labor-force participation rate both decrease. 
is unaffected, and the labor-force participation rate decreases.
and the labor-force participation rate are both unaffected.
4. GROUP MEMBERS *
Nguyễn Ngọc Thy Phượng
Trần Thị Thiên Phụng
Nguyễn Thị Thanh Mi

Huỳnh Đức Khởi
Nguyễn Gia Bảo
Lê Phú Vinh
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5. Suppose that the adult population in the country of Atlantis is 140 million. If 90
million people are employed and 10 million are unemployed, then *
40 million are not in the labor force. 

40 million are in the labor force.
130 million are in the labor force.
80 million are not in the labor force.
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6. To be counted as "employed" in the U.S. labor force statistics, a person *
must be working for pay and be working full time.
must be working for pay but does not have to be working full time.
does not have to be working for pay if they are working for a family business but must
be employed full time.
does not have to be working for pay if they are working for a family business
and does not have to be working full time.

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7. Suppose that the Bureau of Labor Statistics reported that there were 62 million
people over age 25 whose highest level of education was some college or an
associate degree. Of these, 45.3 million were employed and 3.6 million were
unemployed. What were the labor-force participation rate and the
unemployment rate for this group? *
7.4% and 78.9%
78.9% and 7.4% 
126.8% and 7.4%
78.9% and 126.8%
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8. The natural rate of unemployment includes *
both frictional and structural unemployment. 
neither frictional nor structural unemployment.
structural but not frictional unemployment.
frictional but not structural unemployment.
Không chính xác 0/1 Điểm
9. Marginally attached workers are people who are *
looking for a better job than they currently have.
not working and are not looking for work, but would work if asked. 
working part-time while they go to school or get training for a better job.
only a few years from retirement.

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10. If the natural rate of unemployment is 4.7 percent and the actual rate of
unemployment is 5.5 percent, then by definition there is *
cyclical unemployment amounting to 0.8 percent of the labor force. 

frictional unemployment amounting to 0.8 percent of the labor force.
structural unemployment amounting to 0.8 percent of the labor force.
search unemployment amounting to 0.8 percent of the labor force.
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11. Public policy *
can reduce both frictional unemployment and the natural rate of

unemployment. 
can reduce frictional unemployment, but it cannot reduce the natural rate of
unemployment.
cannot reduce frictional unemployment, but it can reduce the natural rate of
unemployment.
cannot reduce either frictional unemployment or the natural rate of unemployment.

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12. Martha is looking for work as a electrical engineer. Her prospects are good but
so far she has not taken a job. Jennifer is looking for work in a paper mill. Every
time Jennifer shows up for an interview, there are more people looking for work
than there are openings. She realizes that it has been that way for a long time.
*
Martha and Jennifer are both frictionally unemployed.
Martha and Jennifer are both structurally unemployed.
Martha is frictionally unemployed, and Jennifer is structurally unemployed. 
Martha is structurally unemployed, and Jennifer is frictionally unemployed.
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13. Which of the following includes everyone in the adult population that the
Bureau of Labor Statistics counts as "unemployed"? *
Anyone who is not currently employed
Anyone who chose not to for work for the past two weeks
Anyone who is not employed, is available for work, has looked for work in the
past four weeks, and anyone who is waiting to be recalled from a job from 
which they have been laid off
Anyone who is employed part time and has searched for full time employment in the
past four weeks
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14. An increase in the minimum wage above the equilibrium wage *
reduces structural unemployment.
reduces frictional unemployment,
increases structural unemployment. 

increases frictional unemployment.
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15. Kamila was absent from work because of a strep throat. Brian

is not working but is available for work. Who does the Bureau of Labor Statistics
count as "unemployed"? *
Brian but not Kamila 
Kamila but not Brian
Both Kamila and Brian
Neither Kamila nor Brian
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16. In the early 1900s, Henry Ford introduced a *
high-wage policy, and this policy produced many of the effects predicted by
efficiency-wage theory. 
high-wage policy, and this policy produced none of the effects predicted by efficiency-
wage theory.
low-wage policy, and this policy produced many of the effects predicted by efficiency-
wage theory.
low-wage policy, and this policy produced none of the effects predicted by efficiency-
wage theory.
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17. Which of the following is an example of an efficiency wage? *
A higher wage paid to a more experienced worker
A below-equilibrium wage paid by a small business exempt from minimum-wage laws
An above-equilibrium wage paid by a firm to reduce turnover costs 

A wage tied to participation in a government-sponsored job training program
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MACRO_UNEMPLOYMENT

Đúng 1/1 Điểm

Michael but not Octavia

Octavia but not Michael 

Both Michael and Octavia

Neither Michael nor Octavia

2. Who of the following is not included in the Bureau of Labor Statistics'

Those who worked in their own business

Those who worked as unpaid workers in a family member's business

Đúng 1/1 Điểm

3. If an unemployed person quits looking for work, then, eventually the

decreases, and the labor-force participation rate is unaffected.

and the labor-force participation rate both decrease. 

is unaffected, and the labor-force participation rate decreases.

and the labor-force participation rate are both unaffected.

Nguyễn Ngọc Thy Phượng

Trần Thị Thiên Phụng

Nguyễn Thị Thanh Mi

Nguyễn Gia Bảo

40 million are not in the labor force. 

130 million are in the labor force.

80 million are not in the labor force.

Đúng 1/1 Điểm

6. To be counted as "employed" in the U.S. labor force statistics, a person *

must be working for pay and be working full time.

7.4% and 78.9%

78.9% and 7.4% 

126.8% and 7.4%

78.9% and 126.8%

Đúng 1/1 Điểm

8. The natural rate of unemployment includes *

both frictional and structural unemployment. 

neither frictional nor structural unemployment.

structural but not frictional unemployment.

frictional but not structural unemployment.

Không chính xác 0/1 Điểm

9. Marginally attached workers are people who are *

looking for a better job than they currently have.

only a few years from retirement.

cyclical unemployment amounting to 0.8 percent of the labor force. 

structural unemployment amounting to 0.8 percent of the labor force.

search unemployment amounting to 0.8 percent of the labor force.

Đúng 1/1 Điểm

11. Public policy *

can reduce both frictional unemployment and the natural rate of

cannot reduce either frictional unemployment or the natural rate of unemployment.

Martha and Jennifer are both frictionally unemployed.

Martha and Jennifer are both structurally unemployed.

Martha is frictionally unemployed, and Jennifer is structurally unemployed. 

Martha is structurally unemployed, and Jennifer is frictionally unemployed.

Đúng 1/1 Điểm

Anyone who is not currently employed

14. An increase in the minimum wage above the equilibrium wage *

reduces structural unemployment.

reduces frictional unemployment,

increases structural unemployment. 

Đúng 1/1 Điểm

15. Kamila was absent from work because of a strep throat. Brian