1、Name: Class: Date: Chapter9-UnemploymentandItsNaturalRate1. Whichstatementbestdefinesthenaturalrateofunemployment? a. Itistheunemploymentratethatwouldprevailwithzeroimmigration. b. ItistherateassociatedwiththehighestpossiblelevelofGDP. c. Itisthediffe
2、rencebetweenlong-runandshort-rununemploymentrates. d. Itistheamountofunemploymentthattheeconomynormallyexperiences.ANSWER: d2. Whatdoescyclicalunemploymentreferto? a. therelationbetweentheprobabilityofunemploymentandaworker’syearsofexperience b. howoft
3、enaworkerislikelytobeunemployedduringherlifetime c. year-to-yearfluctuationsofunemploymentarounditsnaturalrate d. long-termtrendsinunemploymentANSWER: c3. Whatiscyclicalunemploymentcloselyassociatedwith? a. long-termeconomicgrowth b. short-runupsanddow
4、nsoftheeconomy c. fluctuationsinthenaturalrateofunemployment d. seasonalfluctuationsinspendingANSWER: b4. Whichstatementischaracteristicofthenaturalrateofunemployment? a. Itisaconsistentrate,yearafteryear. b. Itisthedesirablerateofunemployment. c. Itis
5、avariablethatcannotbealteredbyeconomicpolicy. d. Itistheamountofunemploymentthattheeconomynormallyexperiences.ANSWER: d5. Whichstatementbestexplainshowunemploymentrelatestobusinesscycles? a. Unemploymentcanbeeliminatedthrougheconomicpolicieswhentheecon
6、omygrowsatnormalrates. b. Unemploymentonlyexistsduringperiodsofeconomicslowdown. c. Cyclicalunemploymentisinverselyrelatedtoshort-runeconomicfluctuations. d. Unemploymentisunrelatedtoshort-runeconomicfluctuations.ANSWER: c6. Howoftenisdataonunemploymen
7、treported? a. weekly b. monthly c. quarterly d. yearlyANSWER: b7. WhichdatadoesStatisticsCanadaNOTproduce? a. monthlydataonunemploymentCopyrightCengageLearning.PoweredbyCognero.Page 41Name: Class: Date: Chapter9-UnemploymentandItsNaturalRate b. datao
8、ntypesofemployment c. dataonlengthoftheaverageworkweek d. dailydataonunemploymentANSWER: d8. Howistheunemploymentratecomputed? a. bycountingthenumberofemploymentinsuranceapplicationsfiled b. bydividingthenumberofunemployedbythen
