Assume that the population (over 16, non-military, non-institutionalized) of Canada is 110 million with 98 million employed and 8 million unemployed. What is the unemployment rate?

a. 7.3%

b. 7.5%

c. 96.1%

d. 96.4%

e. none of the above

Which of the following would be considered unemployed?

a. an individual working without pay for his/her parents' company for 25 hours each week

b. an accountant who is not working and gave up looking for work 2 months ago

c. a lawyer working for 6 hours a week teaching at a junior college

d. none of the above

Assume that the population of England is 75 million, with 10 million unemployed and 60 million employed. What is the labor force participation rate?

a. 9.3 %

b. 14.3%

c. 85.7%

d. 93.3%

e. none of the above

Which unemployment rate do we typically associate with the term "full employment?"

a. 0%

b. 4.5%

c. 8.6%

d. 10%

e. none of the above

Which of the following would specifically address frictional unemployment?

a. a college job placement center

b. Internet resume listings

c. government labor to employment matching services

d. all the above