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Kindly give brief explanations for the ff answers (disregard the X marks) ECON 110 Final Examination 37. The measures the share of those of X

Kindly give brief explanations for the ff answers (disregard the X marks)

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ECON 110 Final Examination 37. The measures the share of those of X A. Labor force participation rate working age (age 15-60) and are either working or actively looking for work. B. Employment rate C. Unemployment rate D. Underemployment rate 38. occurs in a labor market with high A. Frictional unemployment demand for skills related to information and communications technology (ICT), but with very few X B. Structural Unemployment graduates of ICT-related college degrees. C. Cyclical Unemployment D. Involuntary Unemployment 39. Under the neoclassical theory of labor markets, A. Increase; increase government regulation must to unemployment. B. Increase; decrease C. Decrease; increase D. Decrease; decrease 40. In a perfectly competitive microeconomic labor market, A. Above setting the wage equilibrium will lead to a surplus of workers. X B. Below C. Exactly at D. None of the above

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