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Principles of Macroeconomics

Business

Quiz 9 :

Unemployment and Its Natural Rate

Quiz 9 :

Unemployment and Its Natural Rate

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Which statement best explains how unemployment relates to business cycles?
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Multiple Choice
Answer:

Answer:

C

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Who would be included in the labour force?
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Answer:

C

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How often is data on unemployment reported?
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Answer:

B

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Who would be counted as unemployed according to official statistics?
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Who would NOT be included in the labour force?
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What does cyclical unemployment refer to?
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Ed is on a temporary winter layoff from the canal system where he works as a lock master. If Ed participates in the Statistics Canada survey, how will he be classified?
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How is the unemployment rate computed?
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What is cyclical unemployment closely associated with?
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Who would NOT be included in the labour force?
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Who would be included in the labour force?
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Who would be counted as unemployed according to official statistics?
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Which of the following lists includes all the categories into which Statistics Canada divides the adult population?
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How is unemployment data collected?
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Which of the following constitutes the labour force?
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Which statement ranks categories from smallest to largest according to recent Canadian statistics?
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In which situation would Statistics Canada count a person as unemployed?
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Which data does Statistics Canada NOT produce?
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Which statement best defines the natural rate of unemployment?
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Which statement is characteristic of the natural rate of unemployment?
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