Labor Unions and Macroeconomics Quiz

Labor Unions and Macroeconomics Quiz

10th Grade

98 Qs

quiz-placeholder

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Labor Unions and Macroeconomics Quiz

Labor Unions and Macroeconomics Quiz

Assessment

Quiz

Computers

10th Grade

Hard

Created by

Bradley Dawson

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98 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main idea of labor unions?

Labor unions are government organizations that regulate employment laws.

Labor unions are organizations that attempt to improve the working conditions of their members through joint action.

Labor unions are solely responsible for setting wages in various industries.

Labor unions are groups that manage the distribution of jobs in the economy.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key term associated with the labor movement?

Macroeconomics

Trade union

Right-to-work law

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does macroeconomics study?

The behavior of individual households and firms in making decisions on the allocation of limited resources.

The branch of economics that deals with the economy as a whole, including employment, gross domestic product, and inflation.

The analysis of the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households.

The study of the financial systems of governments and the role of treasury departments.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the approximate population of the United States?

146 million

291 million

200 million

350 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What portion of the U.S. population belonged to the civilian labor force by mid-2003?

More than half

Less than half

Exactly half

One quarter

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group is excluded from the civilian labor force classification?

Part-time workers

Members of the armed forces

Unemployed individuals

Self-employed individuals

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of workers were represented by unions according to the Bureau of Labor Statistics, 2003?

1.4%

13.2%

85.4%

42%

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