Question : 11) Suppose the labor force stays constant, and the working-age : 1266907

11) Suppose the labor force stays constant, and the working-age population stays constant, but a greater number of persons who were unemployed become employed.  The labor force participation rate will

A) increase.

B) decrease.

C) remain constant.

D) not change in a way that can be predicted.

12) The unemployment rate equals the number of unemployed divided by the ________, all times 100.

A) number of employed

B) labor force

C) working-age population

D) total population

13) Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students.  This would cause

A) the unemployment rate to decrease.

B) the labor force participation rate to decrease.

C) the number of discouraged workers to increase.

D) no change in the unemployment rate.

14) Someone who is available for work but has not actively looked for work in the previous four weeks would be classified as

A) employed.

B) unemployed.

C) not in the labor force.

D) not in the working-age population.

15) The labor force participation rate equals the

A) (number of employed divided by the labor force) × 100.

B) (labor force divided by the number of people not in the labor force) × 100.

C) (labor force divided by working-age population) × 100.

D) (labor force divided by the total population) × 100.

16) If the BLS counted persons that are on active military service in the totals for employment, the labor force, or the working-age population, this would

A) decrease the measured unemployment rate.

B) decrease the measured labor force participation rate.

C) decrease the number of persons in the labor force.

D) decrease the number of persons in the working-age population.

17) Which of the following labor market statistics best indicates the amount of labor that is available to the economy from a given working-age population?

A) unemployment rate

B) discouraged-worker ratio

C) labor force participation rate

D) the ratio of minimum wage to inflation

18) Which of the following cause the unemployment rate as measured by the Bureau of Labor Statistics to understate the true extent of joblessness?

A) inflation

B) discouraged workers

C) people employed in the underground economy

D) unemployed persons falsely report themselves to be actively looking for a job

19) Which of the following cause the unemployment rate as measured by the Bureau of Labor Statistics to overstate the true extent of joblessness?

A) inflation

B) discouraged workers

C) counting people as employed who are working part time, although they would prefer to be working full time

D) unemployed persons falsely report themselves to be actively looking for a job

20) Which of the following explains the changes in the U.S. adult male labor force participation rate since 1948?

A) more men are joining the military as compared to the past

B) more men are retiring later in life as compared to the past

C) fewer men consider themselves discouraged workers as compared to the past

D) younger men are remaining in school longer as compared to the past