Karen chooses to go to university fulltime rather than to work. karen:

13. Karen chooses to go to university fulltime rather than to work. Karen A. is not part of the labor force B. is part of the labor force and what economists call a discouraged worker C. is part of the labor force, but not actively seeking work. D. is considered employed. 14. The unemployment rate in a town in which 65,400 persons are employed and 11,000 are unemployed equals A. 20.2 %. B. 16.8%. C. 14.4%. D. 11% 15. workers will increase if they are paid more, and so employers will often find it worthwhile to pay their employees somewhat more than market conditions might dictate A. Efficiency wage theory B. Equilibrium wage theory C. Employee wage theory D. Employer wage theory argues that the productivity of 16. Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unemployment rate is 1S and the participation rate A. 5%; 5590 B. 8.3%; 60% C. 8.3%; 55% D. 5%; 60% 13. Karen decides to attend college fulltime as opposed to to get results. Karen A. is certainly not area of the work force B. is a component for the work force and just what economists call a discouraged employee C. is a component for the work force, however earnestly searching for work. D. is regarded as used. 14. The jobless price in a town where 65,400 individuals are used and 11,000 tend to be unemployed equals A. 20.2 per cent. B. 16.8per cent. C. 14.4per cent. D. 11per cent 15. employees increase if they’re compensated much more, and thus businesses will most likely think it is beneficial to pay for their workers significantly significantly more than marketplace problems might influence A. effectiveness wage concept B. Equilibrium wage concept C. worker wage concept D. company wage concept contends that efficiency of 16. Craigburg features a functional age populace of 20 million. Of these, 11 million are used and 1 million tend to be unemployed. The jobless price is 1S plus the involvement price A. 5per cent; 5590 B. 8.3per cent; 60per cent C. 8.3per cent; 55per cent D. 5per cent; 60per cent

Ans:
13) Alternative A
is certainly not area of the work force
Description
Work force = used + Unemployed
Work force includes just used and unemployed. Thus individuals
that neither used nor unemployed aren’t section of work
power. Since Karen decides to attend college fulltime, is certainly not
area of the work force.
14) Alternative C
Jobless price = 14.4per cent
Description
Work force = used + Unemployed
= 65,400 + 11,000
= 76,400
Jobless price = Unemployed / labor pool
= 11,000 / 76,400
= 0.144 or 14.4per cent

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