Unemployment and Inflation
1)
Economists define the unemployed as individuals who are:
1)
_______
A)
not currently working but are actively looking for work.
B)
working but looking for a different job.
C)
not currently working.
D)
working less than their desired amount of time.
2)
Economists define the labor force to include:
2)
_______
A)
only people who are working full-time.
B)
people who are not working but are actively looking for a job, and people who are working.
C)
all individuals of work age, regardless of whether they are working or looking for a job.
D)
people who are working.
3)
If Sam does not have a job and is not looking for work, he is considered:
3)
_______
A)
unemployed and in the labor force.
153
, B)
unemployed and not in the labor force.
C)
unemployed.
D)
not in the labor force.
4)
If Sam does not have a job and is actively looking for work, he is considered:
4)
_______
A)
unemployed and in the labor force.
B)
unemployed.
C)
not in the labor force.
D)
unemployed and not in the labor force.
5)
People who were looking for work sometime in the recent past but not currently actively looking for work
are considered to be:
5)
______
A)
out of the labor force.
B)
employed.
C)
encouraged.
D)
unemployed.
154
, 6)
People who were looking for work sometime in the recent past but not currently actively looking for work
are classified as:
6)
______
A)
unemployed and out of the labor force.
B)
employed and out of the labor force.
C)
unemployed and in the labor force.
D)
none of the above
7)
People who are currently not working but are actively looking for work are classified officially as:
7)
______
A)
employed and out of the labor force.
B)
unemployed and in the labor force.
C)
unemployed and out of the labor force.
D)
employed and in the labor force.
8)
People who are only working part-time, but want to be working full-time, are classified officially as:
8)
______
A)
unemployed and in the labor force.
155
1)
Economists define the unemployed as individuals who are:
1)
_______
A)
not currently working but are actively looking for work.
B)
working but looking for a different job.
C)
not currently working.
D)
working less than their desired amount of time.
2)
Economists define the labor force to include:
2)
_______
A)
only people who are working full-time.
B)
people who are not working but are actively looking for a job, and people who are working.
C)
all individuals of work age, regardless of whether they are working or looking for a job.
D)
people who are working.
3)
If Sam does not have a job and is not looking for work, he is considered:
3)
_______
A)
unemployed and in the labor force.
153
, B)
unemployed and not in the labor force.
C)
unemployed.
D)
not in the labor force.
4)
If Sam does not have a job and is actively looking for work, he is considered:
4)
_______
A)
unemployed and in the labor force.
B)
unemployed.
C)
not in the labor force.
D)
unemployed and not in the labor force.
5)
People who were looking for work sometime in the recent past but not currently actively looking for work
are considered to be:
5)
______
A)
out of the labor force.
B)
employed.
C)
encouraged.
D)
unemployed.
154
, 6)
People who were looking for work sometime in the recent past but not currently actively looking for work
are classified as:
6)
______
A)
unemployed and out of the labor force.
B)
employed and out of the labor force.
C)
unemployed and in the labor force.
D)
none of the above
7)
People who are currently not working but are actively looking for work are classified officially as:
7)
______
A)
employed and out of the labor force.
B)
unemployed and in the labor force.
C)
unemployed and out of the labor force.
D)
employed and in the labor force.
8)
People who are only working part-time, but want to be working full-time, are classified officially as:
8)
______
A)
unemployed and in the labor force.
155
