05 Jun Question Q1. All college students are excluded from the U.S. labor force.
Question
Q1. All college students are excluded from the U.S. labor force.
a. true
b. false
Q2. The total U.S. labor force excludes those
a. under age 20
b. under age 18
c. under age 16
d. over age 70
Q3. Which of the following statements concerning the Humphrey-Hawkins Act’s unemployment and inflation targets is correct?
a. both were met by 1983
b. neither was met by 1983
c. the unemployment rate was met but not the inflation target
d. the inflation target was met but not the unemployment target
Q4. The U.S. civilian labor force does not include
a. the self-employed
b. members of Congress
c. members of the armed services
d. lawyers and doctors
Q5. The Employment Act of 1946, passed by the U.S. Congress after World War II,
a. made the Federal Reserve responsible for achieving and maintaining full employment
b. identified specific behavior and targets for the conduct of U.S. foreign aid
c. set the goals for the U.S. economy as 4 percent unemployment and 3 percent inflation
d. made the U.S. government responsible for achieving and maintaining full employment
Q6. An increase in the number of inexperienced workers in the labor force is likely to increase the unemployment rate relative to the level of output.
a. true
b. false
Q7. Since 1930, U.S. agriculture employment
a. has decreased while agricultural output has increased
b. has increased while agricultural output also has increased
c. has decreased while agricultural output also has decreased
d. has increased while agricultural output has decreased
Q8. U.S. workers have
a. neither substantial geographic nor occupational mobility
b. both substantial geographic and occupational mobility
c. substantial geographic mobility but not occupational mobility
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