Homework Answers
14: As per the definition of employed category in Bureau of Labour Statistics, if people are doing any work for pay or profit than only they will be counted in employed category. Also people in jobs are considered as employed. However, in the given case Adrian is running own business so he would not fall in employed category and mike is an unpaid worker so he would also not fall under employed category. So answer would be D.
15. The Bureau of Labour Statistics counts a member of surveyed household as an adult is the person is at least 16 years old.
So answer would be B.
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14. Adrian owns her own business. Mike is an unpaid worker in his family's business. Who is included in the Bureau of Labor Statistics "employed" category? a. only Adrian b. only Mi...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least 16 years old. B. The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of households calle Current Expenditure Survey. C. Unemployment numbers reported by the Bureau of Labor Statistics are reported based on a monthly survey of about 600,000 households....
6. According to the February 2019 report from the U.S. Bureau of Labor Statistics (available at h...
6. According to the February 2019 report from the U.S. Bureau of Labor Statistics (available at http://www.bls.gov/news.release/pdf/empsit.pdf there were 157,392,000 adults (20 years or older) in the U.S. labor force out of which 83,632,000 were men. The unemployment rate for adult men was 3.5 percent while the overall unemployment rate for adults was about 3.45 percent. Out of the total adult labor force members, 82,467,000 were married and 45,893,000 were married men. The unemployment rate for married adults was about...
macroeconomic Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not...
macroeconomic
Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not in LF) of the following? a. A bank manager who is currently not working because she took a year off to take care of a newborn child. b. A 14 year old who works 10 hours per week at Six Flags. c. A 16-year-old who is doing 20 hours per week of unpaid work in his father's business. d. An auto worker whose union...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
Which or the following is care) correct? A. The Bureau of Labor Statistics counts a member of a surveyed household as an adult if that person is at least 16 years old. B. The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of households calle Current Expenditure Survey. C. Unemployment numbers reported by the Bureau of Labor Statistics are reported based on a monthly survey of about 600,000 households....
6. According to the February 2019 report from the U.S. Bureau of Labor Statistics (available at http://www.bls.gov/news.release/pdf/empsit.pdf there were 157,392,000 adults (20 years or older) in the U.S. labor force out of which 83,632,000 were men. The unemployment rate for adult men was 3.5 percent while the overall unemployment rate for adults was about 3.45 percent. Out of the total adult labor force members, 82,467,000 were married and 45,893,000 were married men. The unemployment rate for married adults was about...
macroeconomic
Macroeconomics HW 6 Unemployment 1. How would you classify the labor-force status (employed, unemployed, not in LF) of the following? a. A bank manager who is currently not working because she took a year off to take care of a newborn child. b. A 14 year old who works 10 hours per week at Six Flags. c. A 16-year-old who is doing 20 hours per week of unpaid work in his father's business. d. An auto worker whose union...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
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