Have any questions. d Luck! Question 21 The government agency responsible for collecting and reporting unemployment data is the: O Bureau of Unemployment O Bureau of Economic Analysis. O Bureau of Labor Statistics. O Bureau of Economic Research. Previous Ne No new data to save. Last checked at 8:21pm Sub % W # 4 5 OO Q W E R Y U -D Question 22 The unemployment rate is interpreted as the: O percentage of the labor force that are working O percentage of the population that are not employed O percentage of the population that are not working full-time O percentage of the labor force that are unemployed Previous @know if you have any questions. uck! Question 23 1 pts Will Graham is being surveyed about his employment status for the previous week. He says that he worked for the FBI for the first 3 days of the previous week. But then he got fired and spent Thursday and Friday of that week answering newspaper and internet want-ads. He still has not obtained a new job. Will should be classified as: O Unemployed Not in the Labor Force Employed O Discouraged worker Previous Next Not saved Submit Quiz # % N A 5 6 8 Q W E R Y U O A S D G H J KQuestion 24 1 pts If someone is working as an unpaid worker for a business or farm owned by a family member, they have to have worked for at least ___ hours per week to be considered employed. 0 40 O 25 O 1 O 15 Previous Next Not saved Submit Quiz @ # % N 3 4 5 6 8 9 Q W E R T Y U O A S D F G H C Kd Luck Question 25 1 pts People who held a job but were temporarily absent due to an illness, bad weather, or strike are classified as: Discouraged worker O Employed Not in the Labor Force Unemployed Previous Next Not saved Submit Quiz @ $ % & 2 A 5 6 V 8 9 Q W E R T Y U 0 A S D F G HLuck! Question 26 1 pts When Saul got fired from his law firm, he looked for work for six months but could not find another job. He lost hope and decided to quit looking for work. He now spends time at home watching TV all day. Saul is considered a: O cyclical worker and not in the labor force frictional worker and is not included in the labor force O discouraged worker and is included in the labor force O discouraged worker and is not included in the labor force Previous Next Not saved Submit Quiz @ % 2 W A 5 6 8 9 Q W m R T Y U 0 A Suck! 1 pts Question 27 Suppose there are 10 million part-time workers and 90 million full-time workers in an economy. Five million of the part-time workers switch to full-time work. As a result: the official unemployment rate will fall. the official unemployment rate will remain unchanged. the official unemployment rate will rise. O the size of the labor force will increase Previous Next > Not saved Submit Quiz @ % & 2 3 A 5 6 8 Q W E R T Y U O A S D F G H C KLuck! Question 28 1 pts Barry wants to work full time as an actor. However, currently, he has no acting jobs, so he works part- time as an Uber driver. He would be classified as: O Employed Not in the labor force O Unemployed O a discoraged worker Previous Next Not saved Submit Quiz @ % & - 2 3 A 5 6 8 Q W E R Y U O A S DD Question 30 Consider an economy with the following data: Population (civilian, 16 and older, non-institutionalized) = 175 million. Employed = 122 million Unemployed = 17 million What is the unemployment rate in this economy? 13.9% O 17% 12.2% 0 9.7% Previous Not saved @ EA % & N 4 6 OOTake Quiz Question 29 1 pts In calculating the unemployment rate, part-time workers are: Counted as unemployed because they are not working full-time Treated the same as "discouraged" workers who are not actively seeking employment O Counted as employed Previous Next Not saved Submit Quiz # % & N 3 4 5 8 19 Q W E R T Y U O