Question 1

Economists have found that union workers earn what percent more than similar nonunion workers?

Accepted Answer

A)   0 to 5
B)   5 to 10
C)   10 to 20
D)   20 to 30E) B) and D)
F) A) and B)

Question 2

Adults who were not working but who had jobs from which they were temporarily absent are included in the Bureau of Labor Statistics' "employed" category.

Accepted Answer

A) True 
 B)False

Question 3

Marginally attached workers are people who

Accepted Answer

A)   are looking for a better job than they currently have.
B)   are not working and are not looking for work,but would work if asked.
C)   are working part-time while they go to school or get training for a better job.
D)   are only a few years from retirement.E) B) and C)
F) A) and C)

Question 4

Over the past several decades,the difference between the labor-force participation rates of men and women in the U.S.has gradually decreased.

Accepted Answer

A) True 
 B)False

Question 5

The Bureau of Labor Statistics produces data on

Accepted Answer

A)   unemployment.
B)   types of employment.
C)   length of the average workweek.
D)   All of the above are correct.E) A) and D)
F) B) and C)

Question 6

Government-run employment agencies and public training programs are operated by the government to try to facilitate job search and reduce unemployment.

Accepted Answer

A)   Almost all economists agree that such programs are of no use.
B)   Almost all economists agree that such programs work very well.
C)   Some economists claim that the government can do these things no better than firms and individuals could do them for themselves.
D)   Some economists claim that these programs increase frictional unemployment.E) A) and D)
F) All of the above

Question 7

Which of the following is not a cause of the decline in the U.S.men's labor-force participation rate over the past several decades?

Accepted Answer

A)   young men now stay in school longer than their fathers and grandfathers did
B)   older men now retire earlier and live longer
C)   with more women employed,there are fewer jobs now available to men
D)   more fathers now stay at home to raise their childrenE) None of the above
F) B) and D)

Question 8

Every month,the Bureau of Labor Statistics surveys 160,000 business establishments to help determine

Accepted Answer

A)   the number of people unemployed.
B)   the number of jobs the economy has gained or lost.
C)   the size of the labor force.
D)   the number of people who own their own businesses.E) None of the above
F) All of the above

Question 9

The National Labor Relations Board

Accepted Answer

A)   enforces antitrust laws against unions.
B)   enforces workers' rights to unionize.
C)   acts as a union's representative in collective bargaining.
D)   is required to approve all collective bargaining agreements before they can be enforced.E) C) and D)
F) All of the above

Question 10

The adult population must equal the sum of the employed and the unemployed.

Accepted Answer

A) True 
 B)False

Question 11

Who of the following would necessarily be included in the Bureau of Labor Statistics' "unemployed" category?

Accepted Answer

A)   Lisa,who did not work during the previous 4 weeks
B)   Julie,who tried to find new employment during the previous 4 weeks
C)   Robert,who was an unpaid worker during the previous 4 weeks
D)   None of the above is correct.E) None of the above
F) All of the above

Question 12

Cyclical unemployment is caused by

Accepted Answer

A)   frictional and structural unemployment
B)   frictional but not structural unemployment
C)   structural but not frictional unemployment
D)   neither frictional nor structural unemploymentE) B) and D)
F) C) and D)

Question 13

To be counted as employed in the U.S.labor force statistics a person

Accepted Answer

A)   must be working for pay and be working full time.
B)   must be working for pay,but does not have to be working full time.
C)   does not have to be working for pay if they are working for a family business,but must be employed full time.
D)   does not have to be working for pay if they are working for a family business and does not have to be working full timeE) A) and C)
F) All of the above

Question 14

An economist claims that changes in information technology and unemployment insurance have reduced unemployment.Which of these changes affect frictional unemployment?

Accepted Answer

A)   both the changes in information technology and unemployment insurance
B)   only the changes in information technology
C)   only the changes in unemployment insurance
D)   neither the changes in information technology nor the changes in unemployment insuranceE) B) and C)
F) A) and B)

Question 15

Who of the following would be included in the Bureau of Labor Statistics' "unemployed" category?

Accepted Answer

A)   Julie,who is on temporary layoff
B)   Andrew,who worked only 15 hours last week
C)   Ellen,who neither has a job nor is looking for one
D)   None of the above is correct.E) None of the above
F) All of the above

Question 16

The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have

Accepted Answer

A)   higher production costs and higher profits.
B)   higher production costs and lower profits.
C)   lower production costs and higher profits.
D)   lower production costs and lower profits.E) A) and C)
F) A) and B)

Question 17

The BLS counts discouraged workers as

Accepted Answer

A)   employed.Including them as employed makes the unemployment rate lower than otherwise.
B)   unemployed.Including them as unemployed makes the unemployment rate higher than otherwise.
C)   out of the labor force.If the were counted as unemployed the unemployment rate would be higher.
D)   None of the above is correct.E) A) and D)
F) A) and C)

Question 18

If a union and a firm cannot reach an agreement on the terms of employment,then the union can organize a withdrawal of labor from the firm,called a strike.

Accepted Answer

A) True 
 B)False

Question 19

Table 20-3
2010 Labor Data for Adults (age 16 and older) in Meditor
 
-Refer to Table 20-3.What is the adult male labor force in Meditor?

Accepted Answer

A)   50 million
B)   85 million
C)   90 million
D)   130 millionE) B) and C)
F) A) and B)

Question 20

Which of the following includes everyone in the adult population that the Bureau of Labor Statistics counts as unemployed?

Accepted Answer

A)   anyone who is not employed
B)   anyone who is not employed,is available for work,and has looked for work in the past 4 weeks
C)   anyone who is not employed,is available for work,has looked for work in the past 4 weeks,and anyone who is waiting to be recalled from a job from which they have been laid off
D)   anyone who is not employed,is available for work,has looked for work in the past 4 weeks,anyone who is waiting to be recalled from a job from which they have been laid off,and anyone who is employed part time and has searched for full time employment in the past 4 weeksE) B) and C)
F) C) and D)

Exam 20: Unemployment

Economists have found that union workers earn what percent more than similar nonunion workers?

Correct AnswerverifiedShow Answer

The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have

Correct AnswerverifiedShow Answer

The Bureau of Labor Statistics produces data on

Correct AnswerverifiedShow Answer

An economist claims that changes in information technology and unemployment insurance have reduced unemployment.Which of these changes affect frictional unemployment?

Correct AnswerverifiedShow Answer

The adult population must equal the sum of the employed and the unemployed.

Correct AnswerverifiedShow Answer

Who of the following would necessarily be included in the Bureau of Labor Statistics' "unemployed" category?

Correct AnswerverifiedShow Answer

Cyclical unemployment is caused by

Correct AnswerverifiedShow Answer

Marginally attached workers are people who

Correct AnswerverifiedShow Answer

If a union and a firm cannot reach an agreement on the terms of employment,then the union can organize a withdrawal of labor from the firm,called a strike.

Correct AnswerverifiedShow Answer

The BLS counts discouraged workers as

Correct AnswerverifiedShow Answer

Every month,the Bureau of Labor Statistics surveys 160,000 business establishments to help determine

Correct AnswerverifiedShow Answer

Government-run employment agencies and public training programs are operated by the government to try to facilitate job search and reduce unemployment.

Correct AnswerverifiedShow Answer

Which of the following is not a cause of the decline in the U.S.men's labor-force participation rate over the past several decades?

Correct AnswerverifiedShow Answer

Which of the following includes everyone in the adult population that the Bureau of Labor Statistics counts as unemployed?

Correct AnswerverifiedShow Answer

To be counted as employed in the U.S.labor force statistics a person

Correct AnswerverifiedShow Answer

Over the past several decades,the difference between the labor-force participation rates of men and women in the U.S.has gradually decreased.

Correct AnswerverifiedShow Answer

The National Labor Relations Board

Correct AnswerverifiedShow Answer

Table 20-3 2010 Labor Data for Adults (age 16 and older) in Meditor -Refer to Table 20-3.What is the adult male labor force in Meditor?

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Adults who were not working but who had jobs from which they were temporarily absent are included in the Bureau of Labor Statistics' "employed" category.

Correct AnswerverifiedShow Answer

Who of the following would be included in the Bureau of Labor Statistics' "unemployed" category?

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