06_will_macro5c_tb_ch06

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1、Macroeconomics,5Ce(Williamson)Chapter6SearchandUnemployment1)TheunemploymentrateisdefinedasA).B).C).D).E).Answer:CType:MCPageRef:164-1702)TheparticipationrateisdefinedasA).B).C).D).E).Answer:DType:MCPageRef:164-1703)AkeydeterminantoftheunemploymentrateisA)lab

2、ourmarketunrest.B)nominalinterestrates.C)aggregateconsumption.D)aggregateeconomicactivity.E)theparticipationrate.Answer:DType:MCPageRef:164-1706-12Copyright©2018PearsonCanadaInc.4)Whichofthefollowingstatementsisthemostaccurateaboutthebehaviouroftheunemploymen

3、trateinCanada?A)Boththecyclicalbehaviouroftheunemploymentrateandthetrendbehaviouroftheunemploymentratearewellexplainedbychangesinthelevelofaggregateeconomicactivity.B)Thecyclicalbehaviouroftheunemploymentrateiswellexplainedbychangesinthelevelofaggregateeconom

4、icactivity,andthetrendbehaviouroftheunemploymentrateiswellexplainedbydemographicfactors.C)thecyclicalbehaviouroftheunemploymentrateiswellexplainedbydemographicfactors,andthetrendbehaviouroftheunemploymentrateiswellexplainedbychangesinthelevelofaggregateeconom

5、icactivity.D)Boththecyclicalbehaviouroftheunemploymentrateandthetrendbehaviouroftheunemploymentratearewellexplainedbydemographicfactors.E)Boththecyclicalbehaviouroftheunemploymentrateandthetrendbehaviouroftheunemploymentratearenotwellexplainedbydemographicfac

6、tors.Answer:BType:MCPageRef:164-1705)PercentagedeviationsfromtrendinunemploymentareA)procyclicalandhavebeenlargerthanthepercentagedeviationsfromtrendinrealGDP.B)procyclicalandhavebeensmallerthanthepercentagedeviationsfromtrendinrealGDP.C)countercyclicalandhav

7、ebeenlargerthanthepercentagedeviationsfromtrendinrealGDP.D)countercyclicalandhavebeensmallerthanthepercentagedeviationsfromtrendinrealGDP.E)procyclicalandhavebeensmallerthanthepercentagedeviationsfromtrendinlabourforceparticipation.Answer:DType:MCPageRef:164-

8、1706)Government-sponsoredEmploymentInsuranceprogramstypicallyA)reducetheunemploymentratebecausetheyboostworkermorale.B)reducetheunemploymentratebecausetheyincreasethenetmarginalproductofl