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QUESTION

Which of the following is not included in the natural rate of unemployment?

Which of the following is not included in the natural rate of unemployment?

A.Structural Unemployment

B.Cyclical Unemployment

C.Frictional Unemployment

D.All are included in the natural rate of unemployment.

Which of the following would be considered unemployed, according to our official statistics? (U-3)

A.A person working for the family business after school without pay.

B.Someone who has lost her job in the last week.

C.A part-time worker.

D.Someone who has been unemployed for 2 years and has stopped looking for work.

E.All of the above

Firms that believe in the effectiveness of efficiency wages will pay a wage ________ the equilibrium wage.

A.Less than

B.Equal to

C.Greater than

The entrance of women into the work force is most likely to increase the

A.Unemployment rate.

B.Population growth rate.

C.Inflation rate.

D.Labor force participation rate.

The percentage of the population in the labor force is the

A.Unemployment Rate.

B.Population Growth Rate.

C.Inflation Rate.

D.Labor Force Participation Rate

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