FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 10: Unemployment

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 91

True/False

Review LaterAdd Note

Review Later

Economists have found that union workers earn about 30 to 40 percent more than similar workers who do not belong to unions.

A) True
B) False

Correct Answer

verified

Show Answer

Question 92

True/False

Review LaterAdd Note

Review Later

Structural unemployment is often thought to explain relatively long spells of unemployment.

A) True
B) False

Correct Answer

verified

Show Answer

Question 93

Multiple Choice

Review LaterAdd Note

In June 2009 the BLS reported an adult population of 234.9 million, a labor force of 154 million and employment of 141.6 million. Based on these numbers the unemployment rate was

Adults who were waiting to be recalled to a job from which they had been laid off are included in the Bureau of Labor Statistics' "employed" category.

The labor force equals the sum of the employed and the unemployed.

Suppose that because of the popularity of the low-carb diet, bakeries need fewer workers and steak houses need more workers. The unemployment created by this change is

Unemployment insurance reduces hardships of unemployment but also increases the amount of structural unemployment.

The unemployment rate reported by the Bureau of Labor Statistics clearly understates the true unemployment rate.

In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Italian adult non-institutionalized population was 51.070 million, the labor force was 24.710 million, and the number of people employed was 22.765 million. According to these numbers, the Italian labor-force participation rate and unemployment rate were about

Frictional unemployment is often thought to explain relatively short spells of unemployment.

Minimum-wage laws and unions are similar to each other but different from efficiency wages in that minimum-wage law and unions

Within the U.S., blacks have higher rates of unemployment than whites.

Table 10-5 2010 Labor Data for Tajnia -Refer to Table 10-5. The total adult population of Tajnia in 2010 is 30,000.

The National Labor Relations Board

Most job search in the U.S. economy takes place with the help of the government.

An increase in the minimum wage

Most spells of unemployment are long, and most unemployment observed at any given time is long-term.

When a union raises the wage above the equilibrium level,

The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of about

Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret.