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You are watching: Providing training for unemployed individuals is primarily intended to reduce_________.

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Short practice 7 (Unemployment)<Multiple Choice>1. Cyclical unemployment is closely linked witha. Long-term financial growth.b. Short-run ups and downs of the economy.c. Fluctuations in the herbal rate of unemployment.d. Changes in the minimum wage.ANS: B2. I m sorry of the following is correct?a. Some level of joblessness is inevitable.b. Various other things the same an increase in the number of people who room unemployed is associatedwith a diminish in real GDP.c. Cyclical joblessness is inversely concerned short-run economic fluctuations in GDP.d. All of the over are correct.ANS: D3. A university student who is not working or in search of a job is count asa. Neither employed nor part of the job force.b. Unemployed and also in the job force.c. Unemployed, but not in the labor force.d. Employed and in the labor force.ANS: A4. Suppose that a big number of males who supplied to work or look for work now no longer do either.Other points the same, this provides thea. The number of people unemployed rise however the labor pressure does not change.b. The number of people unemployment rise yet the labor pressure falls.c. The number of people unemployed and the labor force both falls.d. The variety of people unemployed fall while the labor force does no change.ANS: C5. Expect that some people report themselves as unemployed when, in fact, they space working inthe underground economy. If this persons to be counted as employed,a. Both the unemployment rate and labor-force participation rate would it is in higher.b. Both the unemployment rate and also labor-force participation price would it is in lower.c. The unemployment price would be higher and the labor-force participation rate would be higher.d. The unemployment price would be lower and the labor-force participation price would beunaffected.ANS: D6. Providing training for unemployed individuals is generally intended come reducea. Friction unemployment.b. Seasonal unemployment.c. Structural unemployment.d. Cyclical unemployment.ANS: C7. Consumers decide come buy more computers and also fewer typewriters. Together a result, computercompanies expand production while typewriter carriers lay-off workers. This is an instance ofa. Structure unemployment developed by performance wages.b. Cyclical unemployment developed by a recession.c. Frictional unemployment created by a sectoral change in demand.d. No one of the above is correct.ANS: C8. An increase in the minimum fairy woulda. Rise both the quantity demanded and also the quantity gave of labor.b. Diminish both the amount demanded and also the quantity gave of labor.c. Boost the quantity of labor demanded when decreasing the amount supplied.d. To decrease the amount of labor demanded while boosting the quantity supplied.ANS: D9. Once a union bargains effectively with employers, in that industrya. Both the quantity of job supplied and also the quantity of job demanded increase.b. Both the amount of job supplied and the amount of labor demanded decrease.c. The quantity of labor provided increases and the amount of job demanded decreases.d. The amount of labor demanded increases and also the quantity of labor provided decreases.ANS: C10. Effectiveness wagesa. Increase frictional joblessness by keeping wages above equilibrium.b. Decrease frictional unemployment by keeping wages in ~ equilibrium.c. Increase structural joblessness by maintaining wages above equilibrium.d. Diminish structural joblessness by maintaining wages at equilibrium.ANS: CShort Answer1. Teenage joblessness is greater than unemployment of people ages 20 and also over. Explain whyeconomists would attribute in ~ least part of this difference to minimum-wage laws. (Hint: who islikely to gain paid more?)ANS:People who space experienced and educated are likely to find jobs wherein the equilibrium wage isabove the minimum wage. In labor sectors where the equilibrium fairy is over the minimumwage, the minimum wage does not produce unemployment. Since people ages 20 and also over tend tohave an ext experience and education than younger persons, the minimum fairy matters less and socreates less unemployment.