Question
Number 5: The labor force participation rate measures the number of people: (A) In the labor force as a percentage of the population y (B)
Number 5: The labor force participation rate measures the number of people:
(A) In the labor force as a percentage of the population y
(B) In the labor force as a percentage of the population at least sixteen years old
(C) In the labor force as a percentage of the total population
(D) Who are working as a percentage of the labor force
Number 8: To calculate the unemployment rate, the BLS
(A) calculates the % of people between 15 - 25 who are not working
(B)calculates the % of people over the age of 16 who are working
(C) conducts a survey of some 60,000 families
(D) counts the number of people collecting Social Security benefits
checks the number of people collecting unemployment insurance benefit
Number 13: Which of the following are consequences of unemployment?
(A) A decline in output and income
(B) A rising price level, which reduces the purchasing power of consumers
(C) A rising aggregate output and income
(d) An increase in the money supply which increases inflation
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