Question

2. Which of the following statements is (are) correct?
(x) Each adult included in the employment and unemployment statistics is classified as unemployed, employed, or not in the labor force.
(y) In addition to the unemployment rate, the Bureau of Labor Statistics (BLS) produces other data on the adult population such as types of employment and length of the average workweek.
(z) The Bureau of Labor Statistics (BLS) uses data collected from those applying for unemployment insurance to compute the unemployment rate.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (x) only

3. Which of the following statements is (are) correct?
(x) People working part time are counted as employed by the BLS.
(y) The BLS reports the unemployment rate on a monthly basis and it is defined as the percentage of the labor force that is unemployed.
(z) The labor force includes all adults who are able to work and, as a consequence, the BLS includes unpaid homemakers as employed workers.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (x) only

4. According to the Bureau of Labor Statistics, who would be included in the labor force?
(x) Albert, who works for pay for most of the week in a textile factory
(y) Beatrice, who wants a job but has been unable to actively seek work because she is very fearful that most companies will reject her application.
(z) Carla, who does not have a job and is doing 30 hours of volunteer work each week at a local medical clinic until the economy begins to improve.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (x) only

Answer 1

Question 2) Correct answer is B ie X and Y is correct

Question 3) correct answer is B ie X and Y

Question 4) Correct answer is E. Only X