1. Which of the following people, who did not do any work for pay or profit the previous…

Which of the following people, who did not do any work for pay or profit the previous week, is
not in the labor force
according to the Current Population Survey:
People on vacation.
People who want to work but do not have a job and are not looking for one.
People who have a job but did not work due to sickness.
People on maternity/paternity leave.
None of the above.
The U.S. government provides unemployment insurance to:
Enable the disabled persons to support their basic consumption needs.
Enable the unemployed individuals to find jobs.
Provide financial support to help the unemployed workers retrain and obtain marketable skills.
Provide financial support to discouraged workers.
Provide financial support to the unemployed when they are actively looking for a job.
If the unemployment rate falls and the labor force participation rate increases, then:
The economy is stagnant.
The economy is growing.
Employment increased.
The number of discouraged workers increased.
Answers b and c are correct.
Which of the following types of unemployment is experienced when workers are moving between jobs?
Cyclical unemployment
Disguised unemployment
Chronic unemployment
Voluntary unemployment
Frictional unemployment
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