12) The unemployment rate is calculated as follows: O A. Unemployment Rate = Number of Unemployed Number of Employed x100. O B. Unemployment Rate= Number of Unemployed x 100. Population Oc. Unemployment Rate = Number of Unemployed Number of Employed + Labor Force O D. Unemployment Rate = Number of Unemployed x100. Labor Force Which of the following is not one of the conditions someone needs to meet to be counted as unemployed? O A. They had actively looked for work at some time during the previous tour weeks. B. They had worked only one hour per week during the previous four weeks. C. They must not have worked in the week previous to the survey week. D. They were available for work in the week previous to the survey week.

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Chapter10: Unemployment
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12) The unemployment rate is calculated as follows:
OA.
Unemployment Rate =
Number of Unemployed
Number of Employed
x100.
O B.
Unemployment Rate =
Number of Unemployed
x 100.
Population
C.
Unemployment Rate =
Number of Unemployed
Number of Employed Labor Force
O D.
Unemployment Rate =
Number of Unemployed
x100
Labor Force
Which of the following is not one of the conditions someone needs to meet to be counted as unemployed?
O A. They had actively looked for work at some time during the previous four weeks.
O B. They had worked only one hour per week during the previous four weeks.
OC. They must not have worked in the week previous to the survey week.
OD. They were available for work in the week previous to the survey week.
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Transcribed Image Text:12) The unemployment rate is calculated as follows: OA. Unemployment Rate = Number of Unemployed Number of Employed x100. O B. Unemployment Rate = Number of Unemployed x 100. Population C. Unemployment Rate = Number of Unemployed Number of Employed Labor Force O D. Unemployment Rate = Number of Unemployed x100 Labor Force Which of the following is not one of the conditions someone needs to meet to be counted as unemployed? O A. They had actively looked for work at some time during the previous four weeks. O B. They had worked only one hour per week during the previous four weeks. OC. They must not have worked in the week previous to the survey week. OD. They were available for work in the week previous to the survey week. >> Documents
13) The employment-population ratio mcasures the
O A. percentage of the working age population that is not employed.
O B. percentage of the working age population that is in the labor force.
OC. percentage of the working age population that is employed.
O D. portion of the total population that is employed.
When an unemployed person drops out of the labor force, the unemployment rate
OA. overstates the true degree of joblessness in the economy.
B. understates the true degree of joblessness in the economy.
OC. is not affected by the existence of such workers.
O D. becomes more reliable as all the potential erroneous data are removed.
When an unemployed person drops out of the labor force, it
A. does not affect the unemployment rate.
B. does not affect the employment-population ratio.
C. does not affect the labor force participation rate.
D. affects the employment-population ratio.
14) The thrée types of unemployment are
A. full, frictional, and involuntary unemployment.
B. natural, unnatural, and cyclical unemployment.
C. frictional, structural, and cyclical unemploment.
D. voluntary, structural, and cyclical unemployment.
0000
Transcribed Image Text:13) The employment-population ratio mcasures the O A. percentage of the working age population that is not employed. O B. percentage of the working age population that is in the labor force. OC. percentage of the working age population that is employed. O D. portion of the total population that is employed. When an unemployed person drops out of the labor force, the unemployment rate OA. overstates the true degree of joblessness in the economy. B. understates the true degree of joblessness in the economy. OC. is not affected by the existence of such workers. O D. becomes more reliable as all the potential erroneous data are removed. When an unemployed person drops out of the labor force, it A. does not affect the unemployment rate. B. does not affect the employment-population ratio. C. does not affect the labor force participation rate. D. affects the employment-population ratio. 14) The thrée types of unemployment are A. full, frictional, and involuntary unemployment. B. natural, unnatural, and cyclical unemployment. C. frictional, structural, and cyclical unemploment. D. voluntary, structural, and cyclical unemployment. 0000
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