The percentage of the labor force that is unemployed is the ?

Related Mcqs:

1. The percentage of the labour force that is unemployed is the ?

   A. Unemployment population ratio.
   B. Unemployment rate
   C. employment rate
   D. Labour force rate.

2. How much of the total potential labour force is unemployed ?

   A. 2.42 million
   B. 2.82 million
   C. 2.76 million
   D. 2.65 million

3. Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?

   A. the unscrupulous to enter the underground economy
   B. the elderly to retire early.
   C. all the things described in these answers.
   D. second earners to stay home.
   E. workers to work fewer hours

4. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

5. one of the tenets of the classical view of the labor market is that the wage adjustments that are necessary to clear the labor market occur ?

   A. quickly
   B. slowly
   C. very infrequently
   D. instantly

6. Which of the following is indicated by the term unemployed ?

   A. Employed only part time when one needs full time employment
   B. Inadequately employed
   C. Note fully used or employed
   D. All of them

7. New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning used was that this would ?

   A. reduce poverty
   B. reduce unemployment
   C. weaken the power of trade unions
   D. help small businesses

8. New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?

   A. reduce poverty
   B. reduce unemployment
   C. weaken the power of trade unions
   D. help small businesses

9. Classifying discouraged workers as unemployed would ?

   A. not change the unemployment rate
   B. decrease the unemployment rate
   C. increase the unemployment rate
   D. have an indeterminate impact on the unemployment rate

10. If people are made unemployed because of a fall in aggregate demand this is known as ?

    A. Frictional unemployment
    B. Seasonal unemployment
    C. Cyclical unemployment
    D. Structural unemployment