Question 1

The unemployment rate is defined as the number of

Accepted Answer

D

Question 2

In a country with a working-age population of 20 million,13 million are employed,1.5 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The size of the labour force is

Accepted Answer

The labour force consists of both employed and unemployed individuals who are of working age and actively seeking employment. 
Therefore, we can calculate the labour force as the sum of employed and unemployed individuals.

Labour force = Employed + Unemployed 
Labour force = 13 million + 1.5 million 
Labour force = 14.5 million

The fact that some of the employed workers wish to work full-time does not affect the size of the labour force.

Question 3

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The employment-to-population ratio is

Accepted Answer

The employment-to-population ratio is calculated by dividing the number of employed people by the working-age population and then multiplying by 100. Here, it's (16 million / 22 million) * 100 = 72.7 percent.

Question 4

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The involuntary part-time rate is

Accepted Answer

The answer of In a country with a working-age population...

Question 5

Who of the following would be counted as unemployed in Canada?

Accepted Answer

The answer of Who of the following would be counted...

Question 6

Who of the following would be counted as unemployed in Canada?

Accepted Answer

Emmanuel is actively searching for a job after losing his previous one, and therefore meets the definition of unemployed.

Answer: E
 Vik is not actively searching for a job and therefore does not meet the definition of unemployed.

Choices A, B, and C are not considered unemployed because they are not available for work or not actively searching for work.

Question 7

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The unemployment rate is

Accepted Answer

The answer of In a country with a working-age population...

Question 8

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The labour force participation rate is

Accepted Answer

Labour force participation rate = (employed + unemployed) / working-age population
= (18 million + 2 million) / 30 million
= 20/30
= 2/3
= 66.7 percent.

Question 9

Which one of the following people would be counted as unemployed in Canada?

Accepted Answer

Veena is considered unemployed because she is not working but actively looking for a full-time job, which fits the criteria for being counted as unemployed.

Question 10

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The unemployment rate is

Accepted Answer

The unemployment rate is calculated as the number of unemployed divided by the labor force (employed + unemployed). Here, the labor force is 18 million (16 million employed + 2 million unemployed). The unemployment rate is (2 million / 18 million) * 100 = 11.1 percent.

Question 11

Which one of the following people would be counted as unemployed in Canada?

Accepted Answer

Only Rebekah fits the definition of being unemployed in Canada, which is someone who is willing and able to work but is currently not employed and actively seeking employment. Simone is still employed for now and Ruth is too young to be counted in the labor force. Sarah has taken a break from looking for a job and Ron has stopped looking altogether, so neither of them would be counted as unemployed.

Question 12

Which one of the following people would be counted as unemployed in Canada?

Accepted Answer

The answer of Which one of the following people would...

Question 13

Which one of the following people would be counted as unemployed in Canada?

Accepted Answer

Sharon is actively looking for work, which qualifies her as unemployed according to standard labor force definitions.

Question 14

Counting involuntary part-time workers as unemployed would

Accepted Answer

Involuntary part-time workers are considered to be employed but want full-time work. If they were counted as unemployed, it would increase the pool of unemployed individuals, thus increasing the measured unemployment rate. Therefore, the correct answer is E.

Question 15

The working-age population is the total number of people

Accepted Answer

The answer of The working-age population is the total number...

Question 16

In a country with a working-age population of 20 million,13 million are employed,1.5 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The labour force participation rate is

Accepted Answer

The labour force participation rate is calculated by dividing the labour force (employed + unemployed) by the working-age population:

Labour force = employed + unemployed = 13 million + 1.5 million = 14.5 million

Labour force participation rate = (labour force / working-age population) x 100%

= (14.5 million / 20 million) x 100%

= 72.5%

Therefore, the correct answer is (B).

Question 17

If the working-age population increases,then

Accepted Answer

The answer of If the working-age population increases,then
...

Question 18

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The employment-to-population ratio is

Accepted Answer

The answer of In a country with a working-age population...

Question 19

The labour force is

Accepted Answer

The labour force includes both employed and unemployed individuals in the working-age population. Therefore, option D is the correct answer. Option A only includes employed individuals, while option B includes both working-age individuals who may or may not be in the labour force. Option C is not inclusive of unemployed individuals, which are also a part of the labour force.

Question 20

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The labour force is

Accepted Answer

The labor force consists of employed and unemployed individuals, so the labor force is 18 million + 2 million = 20 million. The fact that 2 million of the employed individuals work part-time and half of them wish to work full-time is irrelevant to finding the size of the labor force.

Quiz 21: Monitoring Jobs and Inflation

The unemployment rate is defined as the number of

In a country with a working-age population of 20 million,13 million are employed,1.5 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The size of the labour force is

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The employment-to-population ratio is

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The involuntary part-time rate is

Who of the following would be counted as unemployed in Canada?

Who of the following would be counted as unemployed in Canada?

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The unemployment rate is

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The labour force participation rate is

Which one of the following people would be counted as unemployed in Canada?

In a country with a working-age population of 22 million,16 million are employed,2 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The unemployment rate is

Which one of the following people would be counted as unemployed in Canada?

Which one of the following people would be counted as unemployed in Canada?

Which one of the following people would be counted as unemployed in Canada?

Counting involuntary part-time workers as unemployed would

The working-age population is the total number of people

In a country with a working-age population of 20 million,13 million are employed,1.5 million are unemployed,and 1 million of the employed are working part-time,half of whom wish to work full-time.The labour force participation rate is

If the working-age population increases,then

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The employment-to-population ratio is

The labour force is

In a country with a working-age population of 30 million,18 million are employed,2 million are unemployed,and 2 million of the employed are working part-time,half of whom wish to work full-time.The labour force is