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Labour Market Economics 9th Canadian Edition by Dwayne Benjamin Test bank

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Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.
Which of the following statements applies to the unemployed population?
They are either unable to work, or are on strike.
They are jobless.
They are jobless but are actively seeking work.
They are working fewer hours than they would like to.
They are working but are underpaid.
References
Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.


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 20.
Award: 10.00 points
 21.
Award: 10.00 points
Which of the following groups of workers are considered to be part of the labour force?
Full-time students
The hard-core unemployed
Discouraged workers
Members of the Canadian military
Homemakers
References
Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.
What is an approximate figure for the labour force participation rate in Canada?
40%
50%
65%
80%
It cannot be determined, as there are no reliable data available.
References
Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.

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 22.
Award: 10.00 points
 23.
Award: 10.00 points
When examining cross-national data on labour force participation rates, which of the following
phenomena are apparent?
That higher income countries tend to have higher rates than do lower-income countries
That these rates for women tend to be higher than they are for men
That higher income countries tend to have lower rates
That men in higher income countries have much higher rates than men in lower-income
countries
That women in higher income countries have much higher rates than women in lower-
income countries
References
Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.
The expression for the unemployment rate (UR) is:
UR = (employed−unemployed)/unemployed
UR = (employed−unemployed)/labour force
UR = unemployed/labour force
UR = (unemployed/employed)
UR = (unemployed/population)
References
Multiple Choice Difficulty: Medium Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.
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 24.
Award: 10.00 points
Data on the distribution of the usual number of hours worked per week indicates that:
almost all workers work about 40 hours
there is greater variation among women than among men
most part-time workers work about 20 hours
men are more likely to work part time than women
None of these above
References
Multiple Choice Difficulty: Easy Learning Objective: 02-01 Define the key
elements of labour force
measurementemployment,
unemployment, labour force participation,
and hours workedand explain how they
are measured and reported by Statistics
Canada.

 



 25.
Award: 10.00 points
The wage rate at which the individual worker is indifferent between participating and not
participating in the labour force is called the:
indifference wage.
minimum wage.
reservation wage.
utility wage.
participating wage.
References
Multiple Choice Learning Objective:
02-02 Illustrate
graphically how the
labour supply model
reflects the income
and leisure trade-
offs that consumers
face in deciding

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