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Question 17 (1 point) Human capital refers to: J 3) equipment, buildings, and inventories. bl skills, knowledge, and quality of workers. 7 Cl funds firms
Question 17 (1 point) Human capital refers to: \"J 3) equipment, buildings, and inventories. bl skills, knowledge, and quality of workers. 7 Cl funds firms raise by selling stocks and bonds. d) infrastructure of a nation. Question 18 (1 point) Which of the following is unlikely to increase the rate of economic growth? more citizen with higher level of skills the quantity of available resources if\"; high inflation 1f in technological change Question 20 (1 point) Which of the following does not result in economic growth of a country? The invention of a threshing machine for harvesting grains. " "j. Installing a network of irrigation ditches and pumping stations in order to grow fruits and vegetables in parts of southern California. " ":3 Many citizens leaving the country when a politically repressive regime took office. j Increased government funding of post-secondary education. Question 21 (1 point) A forestry worker who is out of work because of the temporarily low demand for wood products associated with a recession is defined as: " cyclically unemployed. j' w underemployed. {it} frictionally unemployed. naturally unemployed. Question 23 (1 point) In the United States, the Census Bureau computes the unemployment rate from: O a) data reported to it by firms when employees leave. b) the Current Population Survey. O c) data on applications for unemployment compensation. O d) tax records. Question 24 (1 point) An economy has a population of 226,500. Of them, 12,500 are unemployed and actively seeking work, and 35,000 have given up looking for a job. Also, 28,000 people work part-time, and 151,000 people work full-time. This economy's unemployment rate is _ -. (Round the percentage to one decimal place; for example, 0.0436 is 4.4%.) a) 21.1% O b) 6.5% O c) 5.5% O d) 21.0% Question 25 (1 point) Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unemployment rate is ____% and the participation rate is _%. 5%; 60%. 8.3%; 55%. 8.3%; 60%. 5%; 55%. Question 26 (1 point) unemployment includes workers who voluntarily quit their jobs to search for better positions. O a) Structural b) Seasonal O c) Cyclical O d) Frictional Question 27 (1 point) The unemployment rate measures: unemployed workers as a percentage of the labor force. O the number of people unemployed divided by the number of people employed. O unemployed workers as a percentage of the population age over-sixteen. O unemployed workers as a percentage of the population
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