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Bebs Exam Questions and Answers Grade A
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Bebs Exam Questions and Answers Grade A
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1|Page | © copyright 2024/2025 | Grade A+Bebs Exam Questions and Answers
Grade A+
The _______ is the total number of people aged 16 years and older (and not in
jail, hospital or institutional care) while the _________ is the number of people
employed and the unemployed
✓ Working-age population; Labor force
Total population: 20,000
Working-age population: 15,000
Employment: 1,000
Unemployment: 100
The unemployment rate for this simple economy equal
✓ (100/1,100) x 100
Since 1948, the labor force participation rate for adult men has ______ and for
adult women has _________
✓ Decreased; Increased
Total population: 20,000
Master01 | October, 2024/2025 | Latest update
, 1|Page | © copyright 2024/2025 | Grade A+
Working-age population: 15,000
Employment: 1,000
Unemployment: 100
The labor force participation rate for this simple economy equals
✓ (1,100/20,000) x 100
The advice to "keep searching, there are plenty of jobs around here for which
you are qualified," would be most appropriate for which of the following types
of unemployment
✓ Frictional unemployment
Which of the following causes the unemployment rate to understate the true
extent of joblessness
✓ Discouraged workers are not counted as unemployed
The economy is in a recession and the housing market is in a slump. As a
result of this, a real estate firm lays off half of its real estate agents. This is an
example of
✓ Cyclical unemployment
Master01 | October, 2024/2025 | Latest update
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