Option A: decrease aggregate demand
Option B: reduce tax rates or lower interest rates
Option C: decrease government spending
Option D: decrease private consumption and investment
Correct Answer: decrease private consumption and investment ✔
Click for More Details
Option A: Migration to the cities is a larger contributor than natural population growth to urban labor growth is sub Saharan Africa
Option B: In Latin America natural population increase is the major source of urban growth
Option C: From 1975 to 2000 the number of cities in LDC with populations over 1 million increased from 20 to 50
Option D: The urban share of total LDC population grew from 27 percent in 1975 and 35 percent in 1992 to 40 percent in 2003
Correct Answer: In Latin America natural population increase is the major source of urban growth ✔
Click for More Details
Option A: marginal rate of substitution
Option B: labor force literacy
Option C: substitution of leisure and work among labor
Option D: limited technical sustainability of factors
Correct Answer: limited technical sustainability of factors ✔
Click for More Details
Option A: are workers who are compelled to work short hours
Option B: result from an inadequate use of workers capacities
Option C: are part-time workers who voluntarily work short hours
Option D: None of the above is correct
Correct Answer: result from an inadequate use of workers capacities ✔
Click for More Details
Option A: The unemployment rate for youths is twice that of people over 24
Option B: Unemployment in rural areas is twice that of urban areas
Option C: World-wide there are fewer unemployed females than males, but the rate is higher for women
Option D: The unemployed are relatively well educated
Correct Answer: World-wide there are fewer unemployed females than males, but the rate is higher for women ✔
Click for More Details
Option A: persons 15 to 24 years old
Option B: the educated
Option C: residents of urban areas
Option D: from the poorest 1/5 of the population
Correct Answer: from the poorest 1/5 of the population ✔
Click for More Details
Option A: plant and equipment
Option B: buildings
Option C: inventories
Option D: consumers goods
Correct Answer: consumers goods ✔
Click for More Details
Option A: technique to manage raw materials efficiently
Option B: residual of a production function
Option C: resource coordinating other productive resources
Option D: blueprint on how to manage the labor force
Correct Answer: resource coordinating other productive resources ✔
Click for More Details
Option A: I and II only
Option B: III and IV only
Option C: I, II and III only
Option D: I, II and IV only
Correct Answer: I and II only ✔
Click for More Details
Option A: I and II only
Option B: II and III only
Option C: I, II and III only
Option D: I, II, III and IV
Correct Answer: I, II, III and IV ✔
Click for More Details
Option A: That people migrate when urban wages exceed rural wages
Option B: a higher expected income in urban areas
Option C: better infrastructure in urban areas
Option D: the availability of labor-intensive jobs in urban areas
Correct Answer: a higher expected income in urban areas ✔
Click for More Details
Option A: is insufficient for solving the urban unemployment problem
Option B: will generate capital-intensive technologies
Option C: will generate more government revenue through urban wages
Option D: induces government to increase minimum wages
Correct Answer: will generate capital-intensive technologies ✔
Click for More Details
Option A: when marginal revenue productivity of labor is zero
Option B: the same as seasonal unemployment of LDC agricultural
Option C: the rigid factor proportions in LDC agriculture and industry
Option D: due to capital formation and the level of technology remaining constant.
Correct Answer: when marginal revenue productivity of labor is zero ✔
Click for More Details
Option A: disguised unemployed
Option B: cyclical unemployed
Option C: seasonally unemployed
Option D: voluntarily unemployed
Correct Answer: disguised unemployed ✔
Click for More Details
Option A: employed plus unemployed divided by labor force
Option B: total employment divided by population
Option C: labor force divided by population
Option D: unemployed divided by employed
Correct Answer: employed plus unemployed divided by labor force ✔
Click for More Details
Option A: fertility
Option B: population quality
Option C: mortality
Option D: morbidity
Correct Answer: population quality ✔
Click for More Details
Option A: national product
Option B: capital
Option C: natural resources
Option D: prevailing technology
Correct Answer: national product ✔
Click for More Details
Option A: shows the dependency output of the working population
Option B: depicts the relationship between input and output
Option C: states the relationship between products and income distribution
Option D: is a function of natural resources in a country
Correct Answer: depicts the relationship between input and output ✔
Click for More Details