Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read https://www1.ctdol.state.ct.us/lmi/images/How%20the%20Govt%20Measures%20Unemployment.pdf 1. The government collect statistics on the unemployed to be used by policymakers to determine whether measures should be taken to influence the

Read https://www1.ctdol.state.ct.us/lmi/images/How%20the%20Govt%20Measures%20Unemployment.pdf

1. The government collect statistics on the unemployed to be used by policymakers to determine whether measures should be taken to influence the future course of the economy or to aid those affected by joblessness.

Group of answer choices

  • True
  • False

2. Which of the following is true about the Current Population Survey (CPS)?

Group of answer choices:

  • It is a monthly survey.
  • The U.S. Census Bureau has the responsibility of conducting the survey.
  • There are about 60,000 eligible households in the sample for this survey.
  • All answers are correct.

3. Which of the following is true?

Group of answer choices

  • People with jobs are employed.
  • The labor force is made up of the employed and the unemployed.
  • People who are neither employed nor unemployed are not in the labor force.
  • People who are jobless, looking for a job, and available for work are unemployed.

4. John just got hired as an unpaid intern. He is considered to be employed.

Group of answer choices

  • True
  • False

5. Katherine Marie was thinking about looking for work in the prior 4 weeks. Katherine was considered to be unemployed.

Group of answer choices

  • True
  • False

6. Yvonne has been actively looking for work. She currently is waiting to hear back from potential employers. Yvonne is considered to be unemployed.

Group of answer choices

  • True
  • False

7. A college student has a job offer after her graduation which is three months away. Currently, the college student is considered to be:

Group of answer choices

  • a discouraged worker.
  • unemployed.
  • employed.
  • not in the labor force.

8. Unemployment insurance (UI) programs are administered at the state level. Claimants who meet the eligibility requirements must file "continuing claims" for each week that they seek benefits.

Group of answer choices

  • True
  • False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Accounting

Authors: Robert N Anthony, Leslie K Breitner

10th Edition

136071821, 9780136071822

More Books

Students also viewed these Economics questions

Question

4. Similarity (representativeness).

Answered: 1 week ago