Macroeconomics 14 questions Multiple Choice

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Chrome File Edit View History Bookmarks People Window Help M* U.S. 83% Fri 1:14 PM Q = Chapter 33 Application Exerci x 6 Oracle PeopleSoft Sign-in ! Gold Plus Membership | Six FX Ask a new question - Studypo X Secure https://gcc.instructure.com/courses/10944/quizzes/23779?module_item_id=180213 Connect Instructions GLENDALE COLLEGE Discussions Grades Bureau of Labor Statistics June 2010 Report Exercise Account The following table contains data that was a part of the June 2010 unemployment report released by the Bureau of Labor Statistics (BLS). Utilize it to answer the following application exercise questions: Dashboard Table A (Thousands) Courses 000 Calendar Category June 2009 April 2010 May 2010 June 2010 Change from May 2010 to June 2010 Civilian noninstitutional population 235,655 237,329 237,499 Inbox Civilian labor force 154,759 154,715 154,393 153,741 -652 Help Participation rate 65.7 65.2 64.7 Employed 140,038 139,455 139,420 139,119 -301 Employment-population ratio 59.4 58.8 58.7 Unemployed 14,721 15,260 14,623 -350 Unemployment rate 9.5 9.9 9.7 Not in labor force 80,895 82,614 83,107 83,949 842 T 20180706130501e....docx Show All 6 Flores et Picturae Chrome File Edit View History Bookmarks People Window Help U.S. 82% Fri 1:15 PM Q = Quiz: Chapter 33 Application Ex Oracle PeopleSoft Sign-in ! Gold Plus Membership Six F X Ask a new question - Studypo X Secure https://gcc.instructure.com/courses/10944/quizzes/23779/take Unemployment rate 9.5 9.9 9.7 GLENDALE COLLEGE Not in labor force 80,895 82,614 83,107 83,949 842 Account Question 1 0.21 pts Co Dashboard What was the labor force participation rate in May of 2010? Courses Note: 000 civilian labor force civilian noninstitutional population labor force participation rate = Calendar x 100 O 68.99% Inbox O 45% Help O 65.0% O 75.0% Next → T Not saved Submit Quiz 20180706130501e....docx Show All 6 Chrome File Edit View History Bookmarks People Window Help U.S. 82% Fri 1:15 PM Q = Quiz: Chapter 33 Application EX Oracle PeopleSoft Sign-in х ! Gold Plus Membership Six F X S Ask a new question - Studypo X Secure https://gcc.instructure.com/courses/10944/quizzes/23779/take/questions/417925 Employment-population ratio 59.4 58.8 58.7 GLENDALE COLLEGE Unemployed 14,721 15,260 14,623 -350 Unemployment rate 9.5 9.9 9.7 Not in labor force 80,895 82,614 83, 107 83,949 842 Account Dashboard Question 2 0.21 pts Courses GA What was the change in the labor force participation rate from May 2010 to June 2010? 000 Calendar 0 -0.9% +0.4% Inbox 0 -0.3% Help 0 -2.7% < Previous Next Not saved Submit Quiz T 20180706130501e....docx Show All 6 Chrome File Edit View History Bookmarks People Window Help M 1 U.S. 82% Fri 1:16 PM Q = Quiz: Chapter 33 Application EX S Ask a new question - Studypo X Oracle PeopleSoft Sign-in Gold Plus Membership | Six F X Secure https://gcc.instructure.com/courses/10944/quizzes/23779/take/questions/417926 Unemployed 14,721 15,260 14,623 -350 GLENDALE COLLEGE Unemployment rate 9.5 9.9 9.7 Not in labor force 80,895 82,614 83,107 83,949 842 Account Co Dashboard Question 3 0.21 pts Courses How many people were unemployed in May of 2010? Note: 000 Calendar number unemployed = civilian labor force - number employed Inbox O 154,393 (Thousands) O 14,973 (Thousands) Help O 139,420 (Thousands) 15,094 (Thousands) < Previous Next T Not saved Submit Quiz 20180706130501e....docx Show All 6 Chrome File Edit View History Bookmarks People Window Help U.S. 81% Fri 1:16 PM Q = Quiz: Chapter 33 Application EX S Ask a new question - Studypo X Oracle PeopleSoft Sign-in Gold Plus Membership Six FX Secure https://gcc.instructure.com/courses/10944/quizzes/23779/take/questions/417927 Employment-population ratio 59.4 58.8 58.7 GLENDALE COLLEGE Unemployed 14,721 15,260 14,623 -350 Unemployment rate 9.5 9.9 9.7 Not in labor force 80,895 82,614 83,107 Account 83,949 842 Dashboard Question 4 0.21 pts Courses GA What was the change in the number of unemployed people from May 2010 to June 2010? 000 Calendar +400 (Thousands) O +225 (Thousands) Inbox O-350 (Thousands) Help O-250 (Thousands) < Previous Next → Not saved Submit Quiz T 20180706130501e....docx Show All 6
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Bureau of Labor Statistics June 2010 Report Exercise
The following table contains data that was a part of the June 2010 unemployment report released
by the Bureau of Labor Statistics (BLS). Utilize it to answer the following application exercise
questions:

Solution:
civilian labor force/ civilian noninstitutional population x 100

154, 393/237,499
= 0.6500 x 100
= 65.0%
So, the answer is c. 65.0%

Solution:
May: 65.0%
64.7 - 65.0 = -0.3 %
June: 64.7

Solution:
154,393-139,420

=14, 973 (Thousands)

Answer:
- 350 (Thousands)

Answer:
-301 (Thousands)

Answer:
The number of people decreased due to the weak labor market and economy during this time period,
w...


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