Question : 96) In measuring the unemployment rate, part-time workers ________, and : 1240877

96) In measuring the unemployment rate, part-time workers are ________, and discouraged workers are ________.

A) included as employed; included as unemployed

B) excluded; included as unemployed

C) included as employed; excluded

D) excluded; excluded

E) included as unemployed if they are involuntary part-time workers; excluded

97) In a country with a working-age population of 200 million, 140 million people are employed and 20 million are unemployed. The size of the labor force is

A) 200 million.

B) 160 million.

C) 140 million.

D) 20 million.

E) 120 million.

98) Assume the U.S. population is 300 million. If the working age population is 240 million, 150 million are employed, and 6 million are unemployed, what is the labor force?

A) 300 million

B) 240 million

C) 156 million

D) 150 million

E) 144 million

99) To be counted as employed by the BLS, in the week before the survey the person must have worked for pay

A) at least 1 hour.

B) at least 5 hours.

C) more than 20 hours.

D) 40 hours.

E) None of the above is right because the BLS counts as employed anyone who works volunteer hours at a non-profit institution.

100) Which of the following people would be considered unemployed?

A) Sam, a part-time worker who wishes to work full time

B) Pat, who gave up looking for a job because he was discouraged about his job prospects

C) Victoria, who does not have a job and has been actively searching for work, but turned down a job paying less than she desired

D) Shirley, who is working but expects to be laid off at the end of the month

E) Bobby, a full-time student in his last term before he graduates and who has not yet started to look for a job

101) Bo is available and willing to work but has not actively looked for work in the past month. Bo is ________ of the labor force and is ________.

A) part; counted as unemployed

B) part; not counted as unemployed

C) not part; not counted as unemployed

D) not part; counted as unemployed only if he has had a job within the last 12 months

E) not part; counted as unemployed regardless of whether or not he has had a job within the last 12 months

102) Which of the following statements about the United States is (are) correct?

i.The labor force is larger than the number of employed people.

ii.The labor force is larger than the number of unemployed people.

iii.The number of unemployed people is larger than the number of employed people.

A) ii only

B) iii only

C) ii and iii

D) i and ii

E) i, ii, and iii

103) The unemployment rate equals

A) (number of people without a job ÷ population)× 100.

B) (number of people unemployed ÷ labor force) × 100.

C) (number of people without a job ÷ working-age population) × 100.

D) (number of people unemployed ÷ population) × 100.

E) [(working-age population – number of people employed) ÷ labor force] × 100.

104) If the working age population is 200 million, 150 million are employed, and 6 million are unemployed, the unemployment rate is

A) 3.0 percent.

B) 25.0 percent.

C) 4.0 percent.

D) 12.0 percent.

E) 3.8 percent.

105) Suppose the population is 250 million people, the labor force is 150 million people, the number of people employed is 130 million and the working-age population is 200 million people. What is the unemployment rate?

A) 8.0 percent

B) 10.0 percent

C) 13.3 percent

D) 20 million

E) 15.4 percent