Welcome to Quizzol's Free Solutions Library!

We're thrilled to have you here! Our ever-growing library is designed to provide you with clear and accurate solutions to help you succeed in your academic journey.

Explore our extensive range of free solutions across various subjects, from mathematics to science, and beyond.

If you need more personalized assistance, we also offer affordable, tailored assignment help. Whether you're facing a challenging problem or need guidance on a project, our dedicated team is here to help you with your homework.

Click Here for Assignment Help

If you appreciate our work, consider supporting us:

Questions and Answers
(1071 solutions)

Browse by Discipline

ECN 211: Macroeconomic Principles (2024 Fall C)

Principles of Accounting II

Business Law

Introduction to Statistics

Strategic and Enterprenural Thinking

Sectoral shifts tend to raise which type of unemployment?

a. Structural unemployment

b. Unemployment due to unions

c. Unemployment due to efficiency wages

d. Frictional unemployment

...

Posted by Cleveland on September 9, 2024

Which of the following government policies would fail to lower the unemployment rate?

a. Reduce unemployment benefits

b. Establish right-to-work laws

c. Establish worker training programs

d. Raise the minimum wage

e. Establish employment agencies

...

Posted by Cleveland on September 9, 2024

Which of the following is not a characteristic of minimum-wage workers? They tend to be _______.

a. full-time workers

b. in the food service and drinking place industry

c. young

d. less educated

...

Posted by Cleveland on September 9, 2024

If, for any reason, the wage is held above the competitive equilibrium wage, _______.

a. market forces will cause the wage to rise further

b. the quality of workers in the applicant pool will tend to fall

c. the quantity of labor demanded will exceed the quantity of labor supplied, and there will be a labor shortage

d. the quantity of labor supplied will exceed the quantity of labor demanded, and there will be unemployment

...

Posted by Cleveland on September 9, 2024

Which one of the following types of unemployment results from the wage being held above the competitive equilibrium wage?

a. Structural unemployment

b. Cyclical unemployment

c. Frictional unemployment

d. Sectoral unemployment

e. None of the answer choices are correct.

...

Posted by Cleveland on September 9, 2024

A minimum-wage law tends to _______.

a. create more unemployment in high-skill job markets than in low-skill job markets

b. create more unemployment in low-skill job markets than in high-skill job markets

c. have no impact on unemployment as long as it is set above the competitive equilibrium wage

d. help all teenagers because they receive a higher wage than they would otherwise

...

Posted by Cleveland on September 9, 2024

Which of the following statements is true?

a. The labor-force participation rate for women is rising.

b. The labor-force participation rate of men is rising.

c. Discouraged workers are counted as unemployed in the official unemployment statistics.

d. Most spells of unemployment are long term, but most unemployment observed at any given time is short term.

e. All of the answer choices are correct.

...

Posted by Cleveland on September 9, 2024

A coal miner who has been unable to find work for so long that he has stopped looking for work is considered to be _______.

a. unemployed

b. not in the labor force

c. not in the adult population

d. employed

b. not in the labor force...

Posted by Cleveland on September 9, 2024

Use the following table to answer the question. Numbers are in the millions.

Total population	342.6
Adult population	222.7
Number of unemployed	9.4
Number of employed	135.3

The labor-force participation rate is _______.

a. 39 percent

b. 42 percent

c. 60 percent

d. 65 percent

e. none of the answer choices

To calculate the labor-force participation rate, use the formula:Labor-Force Participation Rate=(Labor ForceAdult Population)×100\text{Labor-Force Participation Rate} = \left( \frac{\text{Labor Force}}{\text{Adult Population}} \right) \times 100First, we need to determine the lab...

Posted by Cleveland on September 9, 2024

Use the following table to answer the question. Numbers are in the millions.

Total population	342.6
Adult population	222.7
Number of unemployed	9.4
Number of employed	135.3

The unemployment rate is _______.

a. 2.7 percent

b. 4.2 percent

c. 6.5 percent

d. 6.9 percent

e. not enough information is available to answer this question

Unemployment Rate=(Labor ForceNumber of Unemployed)×100We previously calculated the labor force as 144.7 million. Now, plug in the values:Unemployment Rate=(9.4 million144.7 million)×100\text{Unemployment Rate} = \left( \frac{9.4 \text{ million}}{144.7 \text{ mill...

Posted by Cleveland on September 9, 2024

Welcome to Quizzol's Free Solutions Library!

Questions and Answers (1071 solutions)

(1071 solutions)

Browse by Discipline

Economics

Business Ethics & Social Responsibility

Statistics

Business

Questions and Answers
(1071 solutions)