FIB : Genap
T/F : all. kalau False, sertakan alasannya
mc : ganjil
essay : all
deadline : Kamis, 12.00 wib bagi praktikum hari senin dan selasa, kumpulkan d dalam loker Putri Rahmi
CHAPTER 4
UNEMPLOYMENT
FILL IN THE BLANK
1. _______________ occurs when people are without jobs and they have actively looked for work within the past four weeks.UNEMPLOYMENT
FILL IN THE BLANK
2. Unemployment rate is the ratio percentage in the number of unemployed with _______________.
3. Labor force is the total number of workers, including both _______________ and _______________.
4. _______________ is the normal rate of unemployment around which the unemployment rate fluctuates.
5. The deviation of unemployment from its natural rate is called _______________.
6. _______________ is individuals who would like to work but have given up looking for a job.
7. A worker association that bargains with employers over wages and working conditions is called _______________.
8. Collective bargaining is the process by which unions and _______________ agree on the terms of employment.
9. _______________ is the organized withdrawal of labor from a firm by a union.
10. _______________ above-equilibrium wages paid by firms in order to increase worker productivity.
TRUE-FALSE
1. The natural rate of unemployment is the rate of unemployment that exists when there is only frictional unemployment.
2. The percentage of the labor force that is unemployed is called labor-force participation rate.
3. The percentage of the adult population that is in the labor force is called unemployment rate.
4. Unemployment rate = number of unemployed × 100
Labor force
5. Labor force = number of employed + number of unemployed
6. Labor-force participation rate = labor force × 100
Population
7. High level of frictional or structural unemployment can occur even though the overall labor market is in balance.
8. Labor force is the group of employed and unemployed people.
9. Frictional unemployment exists when the overall demand for labor is low.
10. Above-equilibrium wages paid by firms in order to decrease worker productivity is called efficiency wages.
MULTIPLE CHOICES
1. Unemployment is …
a. People who perform any paid work
b. People who have jobs but are absent from work because of illness
c. People who are not employed but are actively looking for work
d. Adult population who is keeping house, too ill to work, or simply not looking for work
2. The number of unemployment divided by the total labor force …
a. Natural rate of unemployment
b. Labor force participation rate
c. Labor force
d. Unemployment rate
3. Frictional unemployment exist when …
a. Workers lack the skill necessary to be employed
b. Workers are seasonally unemployed
c. Overall demand for labor is low
d. There is a fall in aggregate demand
4. According to the theory of efficiency wages …
a. Difference in human capital strongly influence the efficiency of workers
b. Wages above the equilibrium level are paid by firm in order to increase efficiency
c. Cultural factors are the major cause of the difference pay
d. Difference wage depend on quality of the workers
5. Workers who as been disable to find a job and give up to trying for …
a. Voluntary unemployment
b. Discourage worker
c. Involuntary unemployment
d. Voluntary worker
6. The structural unemployment exist when …
a. There is a mismatch between the supply and the demand for workers
b. Workers are seasonally unemployed
c. The overall demand for labor is low
d. There is the incessant movement of people through different life cycle
7. If a union is successful in increasing the demand for labor …
a. Both the wage rate and employment fall
b. The wage rate falls and but employment rise
c. The wage rate rise and but employment fall
d. Both the wage rate and employment will rise
8. Some members of the labor force would like to work but only at higher wage rate. In the sense of that they could choose their preference …
a. Voluntary unemployment
b. Involuntary unemployment
c. Discourage workers
d. Cyclical unemployment
9. A worker association that bargains with employers over wages and working conditions.
a. Union
b. Unemployed
c. Employed
d. Input market
10. Surplus of labor equal to …
a. Employment
b. Unemployment
c. Employed
d. Unemployed
ESSAY
1. Explain the reason why there is always unemployment in economy!
2. What is frictional unemployment? And give the example!
3. Explain about labor union!
4. Explain about the effect of labor union existence in labor market!
5. How is the unemployment rate measured?
6. Is unemployment typically short-term or long-term? Explain!
7. How do unions affect the natural rate of unemployment?
8. Are minimum-wage laws a better explanation for unemployment among teenagers or among college graduates? Why?
9. Explain four ways in which a firm might increase its profits by raising the wages it pays!
10. Using a diagram of the labor market, show the effect of an increase in the minimum wage on the wage paid to workers, the number of workers supplied, the number of workers demanded, and the amount of unemployment!
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