Quiz on Lecture 26: Economic Theory and Policy

Quiz on Lecture 26: Economic Theory and Policy

Professional Development

44 Qs

quiz-placeholder

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Quiz on Lecture 26: Economic Theory and Policy

Quiz on Lecture 26: Economic Theory and Policy

Assessment

Quiz

Business

Professional Development

Medium

Created by

Bruce Wight

Used 1+ times

FREE Resource

44 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the Labour Force Survey (LFS) conducted by the UK government?

To measure inflation rates

To collect data on employment

To analyze consumer spending

To evaluate educational outcomes

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many households does the LFS sample during a three-month period?

10,000 households

25,000 households

61,000 households

100,000 households

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What definition does the LFS use for unemployment?

People who have never worked

People who are retired

People without a job who have actively sought work in the last four weeks and are available to start work within the next two weeks

People who are studying full-time

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to be "employed" according to the categories of the population?

Working at a paid job at the time of the survey

Not employed but looking for a job

Not employed and not looking for work

Retired and not seeking employment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is considered "unemployed" in the categories of the population?

Working at a paid job

Not employed but looking for a job

Not employed and not looking for work

A full-time student

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the "labour force" consist of?

Only employed persons

Only unemployed persons

All employed and unemployed persons

Only those not in the labour force

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is considered "not in the labour force"?

Employed individuals

Unemployed individuals looking for work

Not employed, not looking for work (e.g., full-time student, homemaker, retiree)

Part-time workers

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