ECON B-252 W/ PROF. BARNETTE EXAM
1 REVIEW QUESTIONS AND ANSWERS.
VERIFIED 2026.
A worker who decides to quit their job and go to law school full time is considered to be
employed.
not in the labor force.
a discouraged worker.
unemployed. - ANS not in the labor force
Which of the following individuals will not be a part of the U.S. labor force?
A college graduate seeking a job after graduation.
A person who can work only part time.
An unemployed computer worker who has given up looking for a job.
A person who is not working because of labor dispute. - ANS An unemployed computer
worker who has given up looking for a job
Employment: 149,781
Unemployment: 15,407
Adult Population: 247,263
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
, Based on the information above, calculate the size of the labor force. - ANS 165,188
Suppose there are 2,321 people in the labor force. 300 workers are employed full time but were
unemployed last month. Additionally, 84 workers had jobs last month but were laid off and have
not found work yet. 91 workers lack skills that employers desire and have not been working for
months; they are looking for jobs, though. 98 people are not working due to an overall decline
in the economy and 58 workers are not working during this season. 80 workers quit their job
and have not found a new one yet. Finally, 405 workers are working part time but would like full
time work.
Based on this information, calculate the current unemployment rate. Hint: All unemployed
workers are looking for work. There are no discouraged workers in this example. Answer this as
a percentage and round your answer to two digits after the decimal without the percentage
sign. ex. If you found the rate to be 5.125%, answer 5.13. - ANS 17.71
Employment: 197,591
Unemployment: 15,669
Adult Population: 297,109
Based on the information above, calculate the unemployment rate. Answer this as a percentage
and round your answer to two digits after the decimal without the percentage sign. ex. If you
found the rate to be 5.125%, answer 5.13. - ANS 7.35
What type of unemployment would occur from a worker recently moving to a new city and
looking for work?
frictional unemployment
cyclical unemployment
structural unemployment
seasonal unemployment - ANS frictional unemployment
What type of unemployment would occur from a cashier replaced by a robot?
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
1 REVIEW QUESTIONS AND ANSWERS.
VERIFIED 2026.
A worker who decides to quit their job and go to law school full time is considered to be
employed.
not in the labor force.
a discouraged worker.
unemployed. - ANS not in the labor force
Which of the following individuals will not be a part of the U.S. labor force?
A college graduate seeking a job after graduation.
A person who can work only part time.
An unemployed computer worker who has given up looking for a job.
A person who is not working because of labor dispute. - ANS An unemployed computer
worker who has given up looking for a job
Employment: 149,781
Unemployment: 15,407
Adult Population: 247,263
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
1
, Based on the information above, calculate the size of the labor force. - ANS 165,188
Suppose there are 2,321 people in the labor force. 300 workers are employed full time but were
unemployed last month. Additionally, 84 workers had jobs last month but were laid off and have
not found work yet. 91 workers lack skills that employers desire and have not been working for
months; they are looking for jobs, though. 98 people are not working due to an overall decline
in the economy and 58 workers are not working during this season. 80 workers quit their job
and have not found a new one yet. Finally, 405 workers are working part time but would like full
time work.
Based on this information, calculate the current unemployment rate. Hint: All unemployed
workers are looking for work. There are no discouraged workers in this example. Answer this as
a percentage and round your answer to two digits after the decimal without the percentage
sign. ex. If you found the rate to be 5.125%, answer 5.13. - ANS 17.71
Employment: 197,591
Unemployment: 15,669
Adult Population: 297,109
Based on the information above, calculate the unemployment rate. Answer this as a percentage
and round your answer to two digits after the decimal without the percentage sign. ex. If you
found the rate to be 5.125%, answer 5.13. - ANS 7.35
What type of unemployment would occur from a worker recently moving to a new city and
looking for work?
frictional unemployment
cyclical unemployment
structural unemployment
seasonal unemployment - ANS frictional unemployment
What type of unemployment would occur from a cashier replaced by a robot?
@COPYRIGHT 2026/2027 ALL RIGHTS RESERVED
2
