The unemployment rate:
a. Tends to be more stable than the employment rate.
b. Has more reliable components (in terms of measurability) than the employment rate.
c. Always falls when the employment rate rises.
d. Always rises when the employment rate rises.
e. Is considered to be a poorer measure of business cycle activity than the employment rate.
Question 2 - In 2014, China had accumulated 3.8 trillion worth of reserve assets. These 3.8 trillion entered into China's balance of payments in the:
a. The total amount did not enter into China's balance of payments. Only changes enter the balance of payments.
b. Reserve Account.
c. Trade balance.
d. Balance on goods and services.
e. Financial Account.
Question 3 - If individuals become so discouraged that they stop seeking jobs, then the:
a. Unemployment rate rises and the employment rate falls.
b. Unemployment rate falls and employment rate stays the same.
c. Unemployment rate falls and the employment rate falls.
d. Unemployment rate remains the same and the employment rate stays the same.
e. Unemployment rate falls, and the employment rate rises.
Question 4 - In 2014, China had accumulated 3.8 trillion worth of reserve assets. These 3.8 trillion entered into China's balance of payments in the:
a. Trade balance.
b. Balance on goods and services.
c. Financial Account.
d. The total amount did not enter into China's balance of payments. Only changes enter the balance of payments.
Question 5 - If the non-institutional population over 16 years of age equals 200 million, the number of individuals employed is equal to 60 million and the number of individuals not in the labor force is equal to 120 million, then:
a. The employment rate is equal to 30, and the unemployment rate cannot be determined.
b. The employment rate is equal to 75, and the unemployment rate cannot be determined.
c. The employment rate is equal to 30, and the unemployment rate is equal to 10.
d. The employment rate is equal to 30, and the unemployment rate is equal to 25.
e. The employment rate is equal to 30, and the unemployment rate is equal to 33.3.
Question 6 - In 2014, China had accumulated approximately 3.8 trillion worth of reserve assets. These 3.8 trillion entered into China's 2014 balance of payments in the:
a. Trade balance.
b. Balance on goods and services.
c. The total amount did not enter into China's balance of payments. Only changes enter the balance of payments.
d. Reserve Account.
Quick Reply
