Question

In: Economics

Question 1. Which type of unemployment are negative? A. All types of unemployment are negative. B....

Question 1. Which type of unemployment are negative?

A. All types of unemployment are negative.

B. Cyclical

C. Frictional

D. Structural.

Question 2. To calculate the labor force participation rate, you only need to know the

A. number of employed and unemployed and the relevant adult population.

B. number of employed and the relevant adult population.

C. number of unemployed and the relevant adult population.

D. number of employed and unemployed.

Question 3. Which of the following represents the technology used in the food service sector?

A. a new cooking technique

B. food safety regulations

C. a team of food servers

D. fresh vegetables

Solutions

Expert Solution

a) "A"

The cylical unemployment can be negative in the market.

b) "A"

We will need number of employed and unemployed and the relevant adult population.

c) "A"

A new cooking technique will represent the technology in the market.


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