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ECON_CH21.pdf

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Department
Administrative Studies
Course
ADMS 3015
Professor
All Professors
Semester
Winter

Description
University of LethbridgeDepartment of EconomicsECON 1012Introduction to MicroeconomicsInstructorMichael G LanyiChapter 21JobsInfl1The workingage population is the total number of peopleAin the labour force aged 15 years and over and employedBin the labour forceCin the labour force aged 15 years and overDaged 15 years and overEin the labour force who are employedTopicEmployment and Unemployment2Which one of the following people would be counted as unemployed in CanadaAKathy has stopped looking for work since she was unable to find a suitable job during a onemonthsearchBSharon is a college student with a jobCBenoit who was laid off when his firm closed down 2 months ago and has not been looking for work ashe is going back to schoolDChristos has been laid off from his job a month ago and has not been looking for a new job as he iswaiting for a severance package from his former employerEVeena is not working but she is looking for a fulltime jobTopicEmployment and Unemployment3Which one of the following people would be counted as unemployed in CanadaASharon recently began looking for work after staying at home for 10 years to look after her childrenBMaurice is on a 2 month vacation out of the country but is still looking for a job using the internetCKanhaya has stopped looking for work since he was unable to find a suitable job during a twomonthsearchDDoris works only 5 hours a week but is looking for a fulltime jobETaylor is a homemakerTopicEmployment and Unemployment4Which one of the following people would be counted as unemployed in CanadaARuth is a 14yearold student and has been looking for an afterschool job every day for the past monthBRon has quit looking because he believes that there is no work available for himCSimone is currently working but expects to be laid off by the end of the month before next monthssurvey can be completedDSarah has been looking for a job but is taking a monthlong break from the jobseeking effort due to herlack of skillsERebekah is a recent graduate looking for workTopicEmployment and Unemployment15Which one of the following people would be counted as unemployed in CanadaAa person who has been seeking a job for the last six months but recently gave up looking because he wasdiscouraged by his job prospectsBa person who will be starting a new job in 6 monthsCa person who has been laid off for 10 weeks and is not looking for a job because he is waiting to be calledback to his old jobDa person who expects to be laid off by the end of the month before next months survey can be completedEa parttime worker who repeatedly expresses a desire to become a fulltime workerTopicEmployment and Unemployment6The labour force isAthe total number of people employedBthe total number of people in the workingage population who are either employed or unemployedCthe total number of people in the workingage population who are employedDthe total number of people aged 15 years and overEnone of the aboveTopicEmployment and Unemployment7The unemployment rate is defined as the number ofAunemployed people divided by the number of employed peopleBunemployed people divided by the sum of the people employed and the people unemployedCemployed people divided by the number of people in the countryDunemployed people divided by the number of people in the country who are employedEunemployed people divided by the number of people in the countryTopicEmployment and Unemployment8Counting involuntary parttime workers as unemployed wouldAraise the full employment rateBnot change the actual unemployment rateCraise the natural unemployment rateDraise the measured unemployment rateElower the measured unemployment rateTopicEmployment and Unemployment9Who of the following would be counted as unemployed in CanadaASharon is a college student with no jobBDoris only works five hours a week but is looking for a fulltime jobCMaurice has been laid off from his job for 20 weeks but expects to be called back soonDBogdan has been laid off from his job but does not expect to be called back and is not lookingEKanhaya has stopped looking for work since he was unable to find a suitable job during a twomonthsearchTopicEmployment and Unemployment2
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