Chapter 15 PDF

Title Chapter 15
Course International Business
Institution Trường Đại học Kinh tế Thành phố Hồ Chí Minh
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Chapter 15/Unemployment and Its Natural Rate  405

Cha pt er15 Une mpl oyme ntandI t sNat ur alRat e 1 .

Thena t ur a lr a t eofunempl o yme nti st he a . unempl o ymentr a t et ha twoul dpr e vai lwi t hz e r oi nfla t i on. b.r a t ea s s oc i a t e dwi t ht hehi ghe s tpos s i bl el e ve lofGDP . c . di ffe r e nc ebe t wee nt hel ongr una nds hor t r unune mpl o ymentr a t e s . d.amountofune mpl oyme ntt ha tt hee c onomynor ma l l ye xpe r i e nc e s . ANS WER: d. a mountofune mpl oymentt ha tt hee c onomynor mal l ye xpe r i e nc e s . TYPE: M DI FFI CULTY:1SECTI ON: 15. 0 2 .

Cyc l i c alune mpl oyme ntr e f e r st o a .t her e l a t i onbet we e nt hepr oba bi l i t yofune mpl oyme ntandawor ke r ’ sc ha ngi ngl e ve lofe xpe r i e nc e . b.how of t e nawor ke ri sl i ke l yt obee mpl oye ddur i nghe rl i f e t i me c . ye ar t oye arfluc t ua t i onsofunempl o yme nta r oundi t sna t ur alr a t e . d.l ongt e r mt r e ndsi nune mpl oyme nt . ANSWER: c . ye ar t oye arfluc t ua t i onsofunempl o yme nta r oundi t sna t ur alr a t e . TYPE: M DI FFI CULTY:1SECTI ON: 15. 0 3 .

Cyc l i c alune mpl oyme nti sc l os e l yas s oc i a t e dwi t h a .l ongt e r me c onomi cgr owt h. b.s hor t r unupsa nddownsoft hee c onomy . c . fluc t ua t i onsi nt hena t ur alr a t eofune mpl oyme nt . d.s e as onalfluc t ua t i onsi ns pe ndi ng. ANSWER: b . s hor t r unupsa nddownsoft hee c onomy . TYPE: M DI FFI CULTY:1SECTI ON: 15. 0 4 .

Thena t ur a lr a t eofunempl o yme nt a .i sac ons t a nt . b.i st hede s i r abl er a t eofunempl o yment . c .c a nnotbea l t e r e db ye c onomi cpol i c y . d.Noneoft heabovea r ec or r e c t . ANSWER: d. Noneoft heabovea r ec or r e c t . TYPE: M DI FFI CULTY:1SECTI ON: 15. 0 5 .

Whi c hoft hef ol l owi ngi sc or r e c t ? a . Somede gr e eofune mpl oyme nti si ne vi t a bl e . b.Ot he rt hi ngst hes amea ni nc r e as ei nt henumbe rofpe opl ewhoa r eunempl oye dde c r e as e sr e a lGDP . c . Cyc l i c alune mpl oyme nti si nve r s e l yr e l a t e dt os hor t r une c onomi cfluc t ua t i ons . d.Al l oft hea bovea r ec or r e c t . ANSWER: d. Al loft heabovear ec or r e c t . TYPE: M DI FFI CULTY:1SECTI ON: 15. 0 6 .

Da t aonune mpl oyme nti sr e por t e d a . we e kl y . b.mont hl y . c . quar t e r l y . d.ye ar l y . ANSWER: b . mont hl y . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 7 .

TheBLSpr oduc e sda t aon a . unempl o yment . b.t ype sofe mpl oyme nt . c .l e ngt hoft hea ver a gewor kwe e k. d.Al l oft hea bovea r ec or r e c t . ANSWER: d. Al loft heabovear ec or r e c t . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1

406  Chapter 15/Unemployment and Its Natural Rate 8 .

Whi c hoft hef ol l owi ngi si nc or r e c t ? a . Theunempl o yme ntr a t ei sc omput e dus i ngt henumbe rofune mpl oyme nti ns ur a nc ec l ai msfil e d. b.Eac ha dul ti nc l ude di nt heune mpl oyme nts t a t i s t i c si sc l a s s i fie da se mpl oye d,une mpl oye d,ornoti nt hel a bor f or c e . c . Unempl oyme ntnumber si nc l udepe opl ea ge ds i x t e e nandol de r . d.TheBur e auofLa borS t a t i s t i c sga t her sda t aonune mpl oyme ntande mpl o yme nt . ANSWER: a . Theunempl o yme ntr a t ei sc omput e dus i ngt henumbe rofune mpl oyme nti ns ur a nc ec l ai msfil e d. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 9 .

Unempl oyme ntda t ai sc ol l e c t e d a .f r om une mpl o ymenti ns ur a nc ec l a i ms . b.t hr oughar e gul a rs ur ve yofabout60, 0 00hous e hol ds . c .t hr oughar e gul a rs ur ve yofabout200, 0 00fir ms . d.Une mpl oyme ntda t ai sc ol l e c t e dus i nga l l oft hea bove . ANSWER: b . t hr oughar e gul a rs ur ve yofabout60, 0 00hous e hol ds . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 0. Whi c hl i s ti nc l ude sal lt hec a t e gor i e si nt owhi c ht heBLSdi vi de st headul tpopul a t i on? a .e mpl oye dorune mpl oye d b.di s c our a gedwor ke r s , e mpl oye d, orune mpl oye d c .e mpl oye d, une mpl oye d, ornoti nt hel aborf or c e d.di s c our a ge dwor ke r s , empl oye d,ornoti nt hel aborf or c e ANSWER: c . e mpl oye d, une mpl oye d, ornoti nt hel aborf or c e TYPE: M DI FFI CULTY:1SECTI ON: 15. 1

1 1. Thel aborf or c ee qual st he a . numberofpe opl ewhoa r ee mpl oye d. b.numberofpe opl ewhoa r eune mpl oye d. c . numberofpe opl ee mpl oye dpl ust henumbe rofpe opl eune mpl oye d. d.adul tpopul a t i on. ANSWER: c . numberofpe opl ee mpl oye dpl ust henumbe rofpe opl eune mpl oye d. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 2. Whooft hef ol l o wi ngwoul dbec ount e da sune mpl oye da c c or di ngt ooffic i als t a t i s t i c s ? a . Shas t a ,whoi swai t i ngf orhe rne wj obt os t ar t b.Ma r y , whowor kedonl y3 5hour sl as twee k c . Kar e n, whone i t he rhasaj obnori sl ooki ngf orone d.Noneoft heabovewoul dbec ount e da sune mpl oye d. ANSWER: a . Shas t a ,whoi swai t i ngf orhe rne wj obt os t ar t TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 3. Whi c hoft hef ol l owi ngwoul dbec ount e da sune mpl o ye dac c or di ngt ooffic i als t a t i s t i c s ? a . Br i a n,af ul l t i mes t ude ntwhoi snotl ooki ngf orwor k b.Ka t e , whoi sont e mpor ar yl a yoff c . He a t h, whohasr e t i r edandi snotl ooki ngf orwor k d.Al l oft hea bovewoul dbec ount e da sune mpl oye d. ANSWER: b . Ka t e , whoi sont e mpor ar yl a yoff TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 4. Whowoul dno tbei nc l ude di nt hel a borf or c e ? a .J a y ,whoi sont e mpor ar yl a yoff b.Mi ke , whoha sr e t i r e dandi snotl ooki ngf orwor k c .J ane , whodoesnotha veaj ob, buthasappl i e df ors e ve r ali nt hel a s twe e k d.Noneoft heabovea r ei nc l ude di nt hel aborf or c e . ANSWER: b . Mi ke , whoha sr e t i r e dandi snotl ooki ngf orwor k TYPE: M DI FFI CULTY:1SECTI ON: 15. 1

Chapter 15/Unemployment and Its Natural Rate  407 1 5. Whowoul dbei nc l ude di nt hel a borf or c e ? a . Hol l y ,a nunpa i dhomemake r b.Ti ffany ,af ul l t i mes t ude ntnotl ooki ngf orwor k c . Cody ,whodoe snotha veaj ob, buti sl ooki ngf orwor k d.Noneoft heabovea r ei nc l ude di nt hel aborf or c e . ANSWER: c . Cody ,whodoe snotha veaj ob, buti sl ooki ngf orwor k TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 6. Whowoul dbei nc l ude di nt hel a borf or c e ? a . Kar e n, whowor ksmos toft hewe e ki nas t e e lf a c t or y b.Be t h, whoi swai t i ngf orhe rne wj oba tt hebankt os t ar t c . Da ve , whodoesnotha veaj ob, buti sl ooki ngf orwor k d.Al l oft hea bovea r ei nc l ude di nt hel aborf or c e . ANSWER: d. Al loft heabovear ei nc l ude di nt hel aborf or c e . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 7. Whowoul dbei nc l ude di nt hel a borf or c e ? a . De r r i c k,whoi swa i t i ngf orhi sne wj obt os t ar t b.Br e t t , whoha sbe c omedi s c our a ge dl ooki ngf oraj oba ndha squi tl ooki ngf ora whi l e c . Home r , anunpa i dhomemake r d.Noneoft heabovewoul dbei nc l ude di nt hel aborf or c e . ANSWER: a . De r r i c k,whoi swa i t i ngf orhi sne wj obt os t ar t TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 8. Sal l yi sonat e mpor ar yl a yofff r om t hef ac t or ywhe r es hemake spl as t i ct abl e war e . I fS al l ypar t i c i pa t e si nt heBLS s ur ve y ,s hewi l lbec l as s i fie da s a . unempl o ye dandi nt hel aborf or c e . b.unempl o ye dandoutoft hel a borf or c e . c .e mpl oye dandi nt hel aborf or c e . d.empl o ye da ndoutoft hel aborf or c e . ANSWER: a . une mpl oye dandi nt hel aborf or c e . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 1 9. Whi c hoft hef ol l owi ngc or r e c t l yr a nksc a t e gor i e sf r om s mal l e s tt ol ar ge s ta c c or di ngt or e c e ntU. S .val ue s ? a . unempl o ye d,e mpl oye d,noti nl a borf or c e b.unempl o ye d,noti nl aborf or c e , e mpl o ye d c . noti nl aborf or c e , e mpl oye d,une mpl oye d d.noti nl a borf or c e , une mpl oye d,e mpl oye d ANSWER: b. une mpl oye d,noti nl aborf or c e , e mpl o ye d TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 0. A per s onwhoi sc ount e dasune mpl oye dbyt heBLSi s a .a l s oi nt hel aborf or c e . b.mus tbel ooki ngf orwor koront e mpor ar yl a yoff. c . bea ge1 6orove r . d.Al l oft hea bovea r ec or r e c t . ANSWER: d. Al loft hea bovea r ec or r e c t . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 1. A c ol l e ges t ude ntwhoi snotwor ki ngorl ooki ngf oraj obi sc ount e da s a . ne i t he re mpl oye dnorpar toft hel aborf or c e . b.unempl o ye dandi nt hel aborf or c e . c . unempl o ye d,butnoti nt hel a borf or c e . d.empl o ye da ndi nt hel aborf or c e . ANSWER: a . ne i t he rempl o ye dnorpar toft hel aborf or c e . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1

408  Chapter 15/Unemployment and Its Natural Rate 2 2. La t oya , ahome make rwhowor ksa savol unt e era tt hel oc alRe dCr os sa ndi sc ur r e nt l ynotl ooki ngf oraj ob, i s c ount edas a .e mpl oye dandi nt hel aborf or c e . b.unempl o ye dandi nt hel aborf or c e . c . unempl o ye dandnoti nt hel aborf or c e . d.noti nt hel a borf or c e . ANSWER: d. noti nt hel a borf or c e . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 3. TheBLSde fine st heune mpl oyme ntr a t ea st hepe r c e nt a geof a .t hos eune mpl oye dr e l a t i vet ot hepe r c e nt a gee mpl o ye d. b.l aborf or c et ha ti sune mpl oye d. c .a dul tpopul a t i ont ha ti sune mpl oye d. d.l a borf or c ewi t houtf ul l t i mee mpl oyme nt . ANSWER: b. l aborf or c et ha ti sune mpl oye d. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 4. Theunempl o yme ntr a t ei sc omput e da st henumbe rofune mpl oye d a . di vi de dbyt hel aborf or c et i me s1 00. b.di vi de dbyt henumberofpe opl ee mpl o ye dt i me s100 . c . di vi de dbyt hea dul tpopul a t i ont i me s100 . d.t i me st hepar t i c i pa t i onr a t et i me s1 00. ANSWER: a . di vi de dbyt hel aborf or c et i me s10 0. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 5. Whi c hoft hef ol l owi ngde fini t i onsi sc or r e c t ? a . La borf or c e=numbe rofe mpl oye d. b.La borf or c e=popul a t i on–numbe rofune mpl oye d. c . Unempl oyme ntRa t e=( numbe rofune mpl oye d [ numbe rofe mpl oye d+numberofune mpl oye d] ) 100. d.Une mpl oyme ntRa t e=( numbe rofune mpl oye d adul tpopul a t i on) 100. ANSWER: c . Une mpl oyme ntRa t e=( numbe rofune mpl oye d [ numbe rofe mpl oye d+numbe rofune mpl oye d] 1 00. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 6. Thel abor f or c epar t i c i pa t i onr a t eme a s ur e st hepe r c e nt a geoft he a .t ot aladul tpopul a t i ont ha ti si nt hel aborf or c e . b.t ot aladul tpopul a t i ont ha ti se mpl oye d. c .l aborf or c et ha ti se mpl oye d. d.l a borf or c et ha ti se i t here mpl oye dorune mpl oye d. ANSWER: a . t ot aladul tpopul a t i ont ha ti si nt hel aborf or c e . TYPE: M DI FFI CULTY:2SECTI ON: 15. 1 2 7. Thel abor f or c epar t i c i pa t i onr a t ei sde fine da s a .( Empl o ye d Adul tPopul a t i on) 1 00. b.( Empl o ye d LaborFor c e ) 100. c .( La borFor c e Adul tPopul a t i on) 100 . d.( Adul tPopul a t i on LaborFor c e ) 100. ANSWER: c . ( La borFor c e Adul tPopul a t i on) 100. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 2 8. A f e w ye ar sa go, ba s e donc onc e pt ss i mi l a rt ot hos eus e dt oe s t i ma t eU. S. e mpl oyme ntfigur e s ,t heCanadi a na dul t noni ns t i t ut i onal i ze dpopul a t i onwa s2 4mi l l i on, t hel a borf or c ewas1 6mi l l i on, andt henumbe rofpe opl ee mpl o ye d was14mi l l i on. Ac c or di ngt ot he s enumbe r s ,t heCanadi anl abor f or c epar t i c i pa t i onr a t ea ndune mpl oyme ntr a t e we r ea bout a .6 7pe r c e nta nd8 . 3pe r c e nt . b.6 7pe r c e nta nd1 2. 5pe r c e nt . c .5 8pe r c e nta nd8 . 3pe r c e nt . d.58pe r c e ntand1 2. 5pe r c e nt . ANSWER: b. 67pe r c e ntand1 2. 5pe r c e nt . TYPE: M DI FFI CULTY:2SECTI ON: 15. 1

Chapter 15/Unemployment and Its Natural Rate  409 2 9. TheBLSr e c e nt l yr e por t e dt ha tt he r ewe r e4 8. 6mi l l i onpe opl eove ra ge2 5whohada tl e as taba c he l or ’ sde gr ee .Of t hi snumber , 38. 0mi l l i onwer ei nt hel aborf or c eand36. 9mi l l i onwe r ee mpl o ye d. Wha twa st hel abor f or c e par t i c i pa t i onr a t ea ndt heune mpl oyme ntr a t ef ort hi sgr oup? a .a bout97pe r c e nta nda bout2. 9pe r c e nt b.a bout97pe r c e nta nda bout2. 3pe r c e nt c .a bout78pe r c e nta nda bout2. 9pe r c e nt d.about78per c e nta nda bout2. 3pe r c ent ANSWER: c . a bout78pe r c e nta nda bout2. 9pe r c e nt TYPE: M DI FFI CULTY:2SECTI ON: 15. 1 3 0. I n200 0i nJ apa n,bas e donc onc e pt ss i mi l a rt ot hos eus e dt oc omput eU. S. empl o yme nts t a t i s t i c s ,t heune mpl oyme nt r a t ewasa bout4 . 8pe r c e nt , t hel aborf or c epa r t i c i pa t i onr a t ewa sa bout62pe r c e nt , a ndt hea dul tpopul a t i onwas a bout108mi l l i on.How manype opl ewe r ee mpl o ye da ndhow manywe r eune mpl oye d? a .a bout63. 8mi l l i ona nd3 . 2mi l l i on. b.a bout63. 8mi l l i ona nd5 . 2mi l l i on. c .a bout67mi l l i onand3 . 2mi l l i on. d.about67mi l l i onand5 . 2mi l l i on. ANSWER: a . about6 3. 8mi l l i ona nd3 . 2mi l l i on. TYPE: M DI FFI CULTY:3SECTI ON: 15. 1 3 1. I n200 0i nt heUni t e dKi ngdom, t hea dul tpopul a t i onwa sa bout46 . 5mi l l i on,t hel aborf or c epar t i c i pa t i onr a t ewas 6 3. 5pe r c ent , a ndt heune mpl oyme ntr a t ewas5 . 8pe r c e nt . Wha twa st henumbe rofpe opl ee mpl oye dandt henumbe r ofpe opl eune mpl oye d? a .a bout29. 5mi l l i ona nd2 . 7mi l l i on. b.a bout29. 5mi l l i ona nd1 . 7mi l l i on. c .a bout27. 8mi l l i ona nd2 . 7mi l l i on. d.about27. 8mi l l i ona nd1 . 7mi l l i on. ANSWER: d. about27. 8mi l l i ona nd1 . 7mi l l i on. TYPE: M DI FFI CULTY:3SECTI ON: 15. 1 Ri c kl os e shi sj oba ndi mmedi a t e l ybe gi nsl ooki ngf oranot he r . Ce t e r i spa r i b us , t heune mpl oyme ntr a t e a .i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t edec r e as e s . b.i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei suna ffe c t e d. c .i sunaffe c t ed, andt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . d.de c r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei sunaffe c t e d. ANSWER: b. i nc r e as e s ,a ndt hel abor f or c epar t i c i pa t i onr a t ei sunaffe c t e d. TYPE: M DI FFI CULTY:2SECTI ON: 15. 1

3 2.

3 3. Ma t tl os e shi sj oba ndde c i dest os i tar ounda thomef oraf e w mont hs .Ce t e r i spa r i b us , t heune mpl oyme ntr a t e a .i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei suna ffe c t e d. b.i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . c . de c r e as e s ,a ndt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . d.de c r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ede c r e as es . ANSWER: d. de c r e as e s , andt hel abor f or c epar t i c i pa t i onr a t ede c r e as e s . TYPE: M DI FFI CULTY:2SECTI ON: 15. 1 3 4. Annaha sj us tfini s he ds c hoolands t a r t e dl ooki ngf oraj ob,buthasnotye tf oundone . Asar e s ul t , t heune mpl oyme nt r a t e a .i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei suna ffe c t e d. b.i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . c .i sunaffe c t ed, andt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . d.i nc r e as e s ,a ndt hel abor f or c epar t i c i pa t i onr a t ede c r e a s e s . ANSWER: b. i nc r e as e s ,a ndt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . TYPE: M DI FFI CULTY:2SECTI ON: 15. 1

410  Chapter 15/Unemployment and Its Natural Rate 3 5. Ta r aha sj us tfini s he ds c hool , buts hei sgoi ngt or oam ar oundt hec ount r ya whi l ebe f or es hes t ar t sl ooki ngf orwor k. Asar e s ul t ,t heune mpl oyme ntr a t e a .i nc r e a s e s , andt hel abor f or c epar t i c i pa t i onr a t ei nc r e as e s . b. i suna ffe c t e d, andt hel abor f or c epar t i c i pa t i onr a t ei suna ffe c t e d c . i nc r e as e s , andt hel a bor f or c epar t i c i pa t i onr a t ede c r e as e s . d. i nc r e as e s ,a ndt hel abor f or c epar t i c i pa t i onr a t ei sunaffe c t e d. ANSWER: b. i sunaffe c t e d, andt hel abor f or c epar t i c i pa t i onr a t ei sunaffe c t e d TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 3 6. Be t we e n2 001and2002, t hec ount r yofAqui l oni ar epor t e da ni nc r e as ei nt henumbe rofpe opl ewhower ee mpl oye d. I ta l s or e por t e da ni nc r e as ei nt heune mpl oyme ntr a t e . Whi c hoft hef ol l owi ngwoul dbe s te xpl ai nt het wor e por t s ? a . The r ewasani nc r e as ei nt hes i z eoft hel aborf or c ebe t we e n2 001a nd20 02. b.The r ewasade c r e a s ei nt hes i z eoft hel aborf or c ebe t we e n2 001a nd2 002. c . The r ewasani nc r e as ei nt hes i z eoft hea dul tpopul a t i onbe t wee n2 001a nd2 002. d.Thet wor e por t sa r ec ont r adi c t or ya ndc a n’ tber e c onc i l e d. ANSWER: a . The r ewasani nc r e as ei nt hes i z eoft hel a borf or c ebe t we e n2 001a nd2 002. TYPE: M DI FFI CULTY:3SECTI ON: 15. 1 3 7.

Pr e s i de ntBi ge goi sr unni ngf orr e e l e c t i ona gai ns tSe na t orPande r .Bi ge gopr oc l a i mst ha tmor epeopl ea r e wor ki ngnow t hanwhenhet ookoffic e . Pa nde rs a yst ha tt heune mpl oyme ntr a t ei shi ghe rnow t hanwhe nBi ge go t ookoffic e . Youc onc l udet ha t a . oneoft he m mus tbel yi ng. b.bot hoft he mc oul dbet e l l i ngt het r ut hi ft hel aborf or c epar t i c i pa t i onr a t eandt hel a borf or c ebot hf e l l . c . bot hoft he mc oul dbet e l l i ngt het r ut hi ft hel aborf or c egr e ws l o we rt hane mpl oyme nt . d.bot hoft he mc oul dbet e l l i ngt het r ut hi ft hel aborf or c egr e wf a s t e rt ha nempl o yme nt . ANSWER: d. bot hoft he mc oul dbet e l l i ngt het r ut hi ft hel aborf or c egr e wf a s t e rt ha ne mpl oyme nt . TYPE: M DI FFI CULTY:3SECTI ON: 15. 1

3 8. Whi c hgr ouphast hehi ghe s tl a bor f or c epar t i c i pa t i onr a t e ? a . bl a c kf e mal e s b.whi t ef e mal e s c . whi t ema l e s d.Ther ea r enos i gni fic a ntdi ffe r e nc e si npar t i c i pa t i onr a t e sa c r os st hes egr oups . ANSWER: c . whi t emal e s TYPE: M DI FFI CULTY:2SECTI ON: 15. 1 3 9. Amongt e e na ge r s , whi c hgr ouphast hehi ghe s tune mpl oyme ntr a t e ? a . whi t ema l e s b.bl a c kf e mal e s c . bl a c kmal e s d.Ther ea r enos i gni fic a ntdi ffe r e nc e si nunempl o yme ntr a t e sac r os st he s egr oups . ANSWER: c . bl a c kma l e s TYPE: M DI FFI CULTY:1SECTI ON: 4 0. Whi c hoft hef ol l owi ngi sc or r e c tf orpeopl ea ges20a ndove r ? a . Me nha vel owe rr a t esofl abor f or c epar t i c i pa t i ona nds i mi l a rune mpl oymentr a t e sc ompar e dt owome n. b.Me nha vel owe rr a t esofl abor f or c epar t i c i pa t i ona ndhi ghe rr a t e sofune mpl oyme ntt handowome n. c . Wome nha vel owe rr a t e sofl a bor f or c epar t i c i pa t i onandhi ghe rr a t e sofune mpl oyme ntc ompar e dt ot hos eof me n. d.Wome nha vel owe rr a t e sofl abor f or c epar t i c i pa t i onands i mi l arune mpl oyme ntr a t e sc ompar e dt ot hos eofme n. ANSWER: d. Womenha vel owe rr a t e sofl a bor f or c epa r t i c i pa t i ona nds i mi l a runempl o yme ntr a t e sc ompa r e dt ot hos e ofme n. TYPE: M DI FFI CULTY:1SECTI ON: 15. 1 4 1. Whi c hoft hef ol l owi ngi sc or r e c tf orpeopl ea ges20a ndove r ? a . Bl ac ksha vehi gherr a t e sofl a bor f or c epar t i c i pa t i onandl owe rune mpl oyme ntr a t e st hant hos eofwhi t e s . b.Bl ac ksha vehi gherr a t e sofl a bor f or c epar t i c i pa t i onandhi ghe rune mpl oyme ntr a t e st hant hos eofwhi t e s . c . Bl ac ksha ves i mi l a rr a t e sofl a bor f or c epar t i c i pa t i onandl owe rune mpl oyme ntr a t e st ha nt hos eofwhi t e s . d.Bl a c ksha ves i mi l a rr a t e sofl a bor f or c epar t i c i pa t i onandhi ghe rune mpl oyme ntr a t e st hant hos eofwhi t es . ANSWER: d. Bl ac ksha ves i mi l a rr a t e sofl a bor f or c epar t i c i pa t i onandhi ghe rune mpl oyme ntr a t e st ha nt hos eof whi t es . TYPE: M DI FFI CULTY:1SECTI ON: 15. 1

Chapter 15/Unemployment and Its Natural Rate  411 4 2. Whi c hoft hef ol l owi ngi sc or r e c t ? a . Adul t sha vehi ghe rl a bor f or c epar t i c i pa t i onr a t e sa ndhi ghe rune mpl oymentr a t e st ha ndot e e na ge r s . b.Adul t sha ...


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