The unemployment rate in aridia in 2010 was

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18.Refer to Table 20-1.The unemployment rate of Aridia in 2010 wasa.10%.b.12.5%.c.14.3%.d.80%.ANS:BPTS:1DIF:2REF:20-1

19.Refer to Table 20-1.The unemployment rate of Aridia in 2011 wasPTS:1DIF:2REF:20-1

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20.Refer to Table 20-1.The unemployment rate of Aridia in 2012 wasPTS:1DIF:2REF:20-1

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21.Refer to Table 20-1.The unemployment rate of AridiaPTS:1DIF:2REF:20-1

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22.Refer to Table 20-1.The labor-force participation rate of Aridia in 2010 wasa.70%.b.77.8%.c.80%.d.87.5%.ANS:CPTS:1DIF:2REF:20-1

23.Refer to Table 20-1.The labor-force participation rate of Aridia in 2011 wasPTS:1DIF:2REF:20-1

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24.Refer to Table 20-1.The labor-force participation rate of AridiaPTS:1DIF:2REF:20-1

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ECON 104 INTRODUCTORY MACROECONOMIC ANALYSIS AND POLICY MIDTERM 2 REVIEW QUESTIONS_ANSWERSd. Line A is the labor force participation rate, and line B is the unemployment rate.Answer: A37.The Bureau of Labor Statistics counts discouraged workers as

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38.Sandy has graduated from college and is devoting her time to searching for a job. She has seen plenty of openingsbut has not yet been offered one that best suits her tastes and skills. Sandy is

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39.Minimum-wage laws can keep wagesa. above equilibrium and cause a surplus of labor.b. above equilibrium and cause a shortage of labor.c. below equilibrium and cause a surplus of labor.d. below equilibrium and cause a shortage of labor.Answer: A

Table 28-8Below is data about the labor market in the state of Northwoods.WageQuantity DemandedQuantity Supplied$1080,000120,000$990,000110,000$8100,000100,000$7110,00090,000$6120,00080,00040.Refer to Table 28-8.If the state government imposed a minimum wage of $8, how many people would beunemployed?

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41.Refer to Table 28-8.If the state government imposed a minimum wage of $10, how many people would beunemployed?

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What was the 2010 unemployment rate?

The U.S. jobless rate was 9.6 percent in 2010, and the national employment-population ratio was 58.5 percent. In 2010, 15 States reported annual average unemployment rates of 10.0 percent or more.

What is the formula of unemployment rate?

The unemployment rate formula is the number of unemployed people in the country, divided by the total number of workers available in the civilian labor force.

What is considered a discouraged worker?

Discouraged workers The marginally attached are those persons not in the labor force who want and are available for work, and who have looked for a job sometime in the prior 12 months, but were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.

Which of the following helps to reduce frictional unemployment?

The correct answer is a: interviewing a wide variety of candidates to ensure a diverse workforce.