Question 1

Involuntary part-time workers are:
A)counted as employed.
B)considered out of the labor force.
C)counted as unemployed.
D)discouraged workers.

Accepted Answer

Involuntary part-time workers would like to work full-time but cannot find suitable positions. Since they are working, they are considered "employed."

Question 2

The accuracy of the unemployment rate is criticized because:
A)unemployed homemakers and students who are not actively seeking employment are not included in the number of unemployed people.
B)people who would like to work but have given up trying to find work are not included in the number of unemployed people.
C)it fails to indicate how many people work at more than one job.
D)people under 16 years of age and over 70 years of age are excluded from the data.

Accepted Answer

Two groups of people are not counted in the unemployment rate, discouraged workers and involuntary part-time workers.

Question 3

Two groups of workers not counted as unemployed in the official unemployment statistics are ________ workers.
A)chronically unemployed and short-term unemployed
B)chronically-unemployed and discouraged
C)chronically unemployed and involuntary part-time
D)discouraged and involuntary part-time

Accepted Answer

Official statistics count discouraged workers as being out-of-the labor force; involuntary part-time workers are counted as employed.

Question 4

People who would like to work full-time, but are able to find only part-time work are:
A)counted as employed.
B)considered out of the labor force.
C)counted as unemployed.
D)discouraged workers.

Accepted Answer

Since they are working, they are considered "employed."

Question 5

Susan Suarez would like to work forty hours per week, but can only find twenty hours per week of work. In the official employment statistics, Susan is classified as:
A)employed.
B)unemployed.
C)out of the labor force.
D)underemployed.

Accepted Answer

Although this worker might be considered to be "underemployed," there is no such designation in labor statistics. The designation is "employed" or "unemployed."

Question 6

Who of the following would be considered a discouraged worker?
A)Ray wants to work forty hours per week, but can only find work for twenty hours per week.
B)Anna Marie has been looking for a job every day for the last month, but has not been hired.
C)Frank would like to work, but has not looked for work because he believes no jobs are available.
D)Melissa has a Ph.D. in physics, but is currently employed full time driving a taxi.

Accepted Answer

Frank would be considered a discouraged worker because he has not looked for work in the past 4 weeks.

Question 7

In recent years, the Bureau of Labor Statistics has released special unemployment rates that include estimates of the number of discouraged and part-time workers that indicate the:
A)problem of discouraged workers is insignificant, but the number of part-time workers is significant.
B)problem of part-time workers is insignificant, but the number of discouraged workers is significant.
C)problem of discouraged workers and part-time workers is fairly significant.
D)problem of discouraged workers and part-time workers is decreasing.

Accepted Answer

According to the data, the problem of discouraged workers and part-time workers is fairly significant.

Question 8

Involuntary part-time workers are:
A)chronically unemployed.
B)considered out of the labor force.
C)short-term unemployed workers.
D)not counted as unemployed.

Accepted Answer

Involuntary part-time workers would like to work full-time but cannot find suitable positions. Since they are working, they are considered "employed."

Question 9

Jim Brown would like to work, but has not looked for work in the past four weeks because he does not believe any jobs are available. In the official employment statistics, Jim is classified as:
A)employed.
B)unemployed.
C)out of the labor force.
D)underemployed.

Accepted Answer

If a prospective worker has not looked for work in four weeks then that person is considered to be out of the labor force.

Question 10

Who from among the following is counted as employed?
A)Ray wants to work forty hours per week, but can only find work for twenty hours per week.
B)Anna Marie spends all of her time taking care of her children at home.
C)Frank would like to work, but has not looked for work because he believes no jobs are available.
D)Martin has been offered several jobs in the past four weeks, but has chosen not to accept any of the offers.

Accepted Answer

Ray is working, so he is considered "employed."

Quiz 17: Measuring Economic Activity: GDP and Unemployment

Involuntary part-time workers are:

The accuracy of the unemployment rate is criticized because:

Two groups of workers not counted as unemployed in the official unemployment statistics are ________ workers.

People who would like to work full-time, but are able to find only part-time work are:

Susan Suarez would like to work forty hours per week, but can only find twenty hours per week of work. In the official employment statistics, Susan is classified as:

Who of the following would be considered a discouraged worker?

In recent years, the Bureau of Labor Statistics has released special unemployment rates that include estimates of the number of discouraged and part-time workers that indicate the:

Involuntary part-time workers are:

Jim Brown would like to work, but has not looked for work in the past four weeks because he does not believe any jobs are available. In the official employment statistics, Jim is classified as:

Who from among the following is counted as employed?