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chapter 21.doc

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Department
Economics
Course
ECON 1010
Professor
Steven Edwards
Semester
Summer

Description
Economics Canada in the Global Environment 7e ParkinChapter 21 Monitoring Jobs and Inflation211 Employment and Unemployment1 The workingage population is the total number of people A in the labour force B in the labour force who are employed C aged 15 years and over D in the labour force aged 15 years and over E in the labour force aged 15 years and over and employed AnswerCDiff 1TopicEmployment and Unemployment2 Which one of the following people would be counted as unemployed in Canada A Veena is not working but she is looking for a fulltime job B Kathy has stopped looking for work since she was unable to find a suitable job during a onemonth search C Sharon is a college student with a job D Christos has been laid off from his job a month ago and has not been looking for a new job as he is waiting for a severance package from his former employer E Benoit who was laid off when his firm closed down 2 months ago and has not been looking for work as he is going back to schoolAnswerADiff 2TopicEmployment and Unemployment3 Which one of the following people would be counted as unemployed in Canada A Doris works only 5 hours a week but is looking for a fulltime job B Kanhaya has stopped looking for work since he was unable to find a suitable job during a twomonth search C Sharon recently began looking for work after staying at home for 10 years to look after her childrenD Maurice is on a 2 month vacation out of the country but is still looking for a job using the internetE Taylor is a homemaker AnswerCDiff 2TopicEmployment and Unemployment1 2010 Pearson Education Canada4 Which one of the following people would be counted as unemployed in Canada A Simone is currently working but expects to be laid off by the end of the month before next months survey can be completedB Ruth is a 14yearold student and has been looking for an afterschool job every day for the past monthC Sarah has been looking for a job but is taking a monthlong break from the jobseeking effort due to her lack of skillsD Rebekah is a recent graduate looking for workE Ron has quit looking because he believes that there is no work available for himAnswerDDiff 2TopicEmployment and Unemployment5 Which one of the following people would be counted as unemployed in Canada A a parttime worker who repeatedly expresses a desire to become a fulltime workerB a person who has been seeking a job for the last six months but recently gave up looking because he was discouraged by his job prospectsC a person who will be starting a new job in 6 monthsD a person who expects to be laid off by the end of the month before next months survey can be completedE a person who has been laid off for 10 weeks and is not looking for a job because he is waiting to be called back to his old jobAnswerEDiff 2TopicEmployment and Unemployment6 The labour force is A the total number of people employed B the total number of people aged 15 years and over C the total number of people in the workingage population who are employed D the total number of people in the workingage population who are either employed or unemployed E none of the above AnswerDDiff 1TopicEmployment and Unemployment7 The unemployment rate is defined as the number of A unemployed people divided by the number of employed people B employed people divided by the number of people in the country C unemployed people divided by the number of people in the country D unemployed people divided by the sum of the people employed and the people unemployed E unemployed people divided by the number of people in the country who are employed AnswerDDiff 1TopicEmployment and Unemployment2 2010 Pearson Education Canada8 Counting involuntary parttime workers as unemployed wouldA not change the actual unemployment rateB lower the measured unemployment rateC raise the natural unemployment rateD raise the full employment rateE raise the measured unemployment rateAnswerEDiff 2TopicEmployment and Unemployment9 Who of the following would be counted as unemployed in CanadaA Doris only works five hours a week but is looking for a fulltime jobB Kanhaya has stopped looking for work since he was unable to find a suitable job during a twomonth searchC Sharon is a college student with no jobD Maurice has been laid off from his job for 20 weeks but expects to be called back soonE Bogdan has been laid off from his job but does not expect to be called back and is not lookingAnswerDDiff 2TopicEmployment and UnemploymentSourceStudy Guide10 Who of the following would be counted as unemployed in CanadaA Caitlin who is 14 years old and looking for a babysitting jobB James who is a fulltime student looking for a parttime jobC Youngmin who is a parttime hamburger flipper looking for a fulltime jobD Emmanuel who lost his job at the steel plant when an automated assembly line was introduced six months ago and has been job searching every dayE Vik who has been staying at home watching The Old and the Boring soap opera and not searching since he was laid off at the flour millAnswerDDiff 2TopicEmployment and Unemployment11 If the workingage population increases then A the size of the labour force will increase B the number of people employed will increase C the unemployment rate will increase D the labour force participation rate will increase E the total number of people aged 15 years and above will increase AnswerEDiff 2TopicEmployment and Unemployment3 2010 Pearson Education Canada
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