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ANSWER THE FOLLOWING QUESTIONS CORRECTLY AND COMPLETELY!! Part III: fill in the blanks. 1. The rate is dened as the ratio of to the force.

ANSWER THE FOLLOWING QUESTIONS CORRECTLY AND COMPLETELY!!

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Part III: fill in the blanks. 1. The rate is dened as the ratio of to the force. 2. We can therefore say that the unemployed are people who are between or just entering or reentering the labor 3. Even though the number of vacancies is equal to the number of the workers lack the necessary skills for the or are in the wrong part of the country or to take the offered. 4. In this case, the number of unemployed exceeds the number of jobs , so that even if firms open and are , some would still remain 5. The tourist season is high on summer so that resorts and beaches are up with , but lean during the rainy season. unemployment labor unemployed frictional jobs market workers world vacancies Part I. Matching type Direction: Choose your answer from the box, and write the letter of your choice on the space provided. X. the Expenditure Approach y. the Income Approach 2. the Industrial Origin Approach 11. Personal Consumption Expenditures 12. Agriculture, Fishery and Forestry Industry 13. Compensation of Employees 14. Trade Industry 15. Net Exports 16. Rental Income of Persons 17. Service Sector 18. Prots 19. Gross Private Domestic Investment 20. Net Interest

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