WorksheetsChapter 9 - Labor - Open Note Team Quiz
Total questions: 25
Worksheet time: 13mins
What groups of people does the government consider to be in the labor force?
all nonmilitary people who are employed or unemployed
individuals over 16 years of age who have worked at least one hour for with the past week, worked 15 or more hours without pay in a family business
temporarily without work or are nor working but have looked for jobs with the last four weeks
all the choices are correct
Which of the following is NOT considered part of the labor force?
Retired individuals
Unemployed individuals actively seeking work
Part-time workers
Full-time students not seeking employment
What is the primary criterion for someone to be classified as unemployed?
Not having a job and not looking for one
Being without a job but actively seeking employment
Working part-time but seeking full-time employment
Being employed but dissatisfied with the job
How does the government define employment?
Working at least one hour for pay in the past week
Volunteering for a non-profit organization
Being on vacation from a regular job
All of the above
The process of negotiations between businesses and their organized employees.
binding arbitration
labor laws
collective bargaining
union shop
A mediator decides in favor of textile workers and raises their salaries and management must accept this decision. This scenario is known as ________.
collective bargaining
equitable determination
objective settlement
binding arbitration
These were meant to emphasize that workers are free not to join a union.
closed shops
collective bargaining
union shops
right-to-work-laws
Samuel Gompers founded an organization that focused on the interests of ________.
temporary workers
unskilled workers
skilled workers
contract workers
An organization of workers that seeks to improve working conditions is called a(n)
closed shop
open shop
labor union
trade school
The wage at which the number of workers needed equals the number of workers available is called ___.
the minimum wage
the balanced wage
the fair wage
the equilibrium wage
Which of the following is a primary goal of labor unions?
Increase company profits
Improve working conditions
Reduce employee benefits
Decrease worker productivity
What is the term for a situation where workers stop working to force an employer to meet their demands?
lockout
strike
boycott
picketing
A 52 year old out of work coal miner who stays at home but isn’t looking for a job.
Employed
Unemployed
Not in the Labor Force
Not Applicable / Not Counted
Unemployment occurs when
Someone wants a job but can't find work
Someone is able and willing to work but can't find a job
Someone is able to work but does not have employment
Work provided is not sufficient to meet the needs of workers
If Bob had been looking for a job, but gives up looking and becomes a discouraged worker then what will happen to the number of people unemployed and to the labor force participation rate?
They would both go up
They would both go down
The number of people employed would go up and the labor force participation rate would go down
The number of people employed would go down and the labor force participation rate would go up
What age group is typically considered when calculating the labor force participation rate?
Individuals aged 16 and above.
Individuals aged 18 to 65.
Individuals aged 21 and above.
All age groups are considered.
What describes an unseen barrier to advancement?
labor productivity
labor unions
minimum wage
glass ceiling
The value of the goods or services that a laborer can produce in a set amount of time.
Production
Wages
Value
Labor Productivity
The process by which people around the world are becoming increasingly interconnected is called
Globalization
Certification
Inshoring
Telecomuting
In general, wage rates are determined by
Wage gap and affirmative action
Bread-and-butter unionism
Supply and demand
Inshoring and offshoring
A scenario that best exemplifies the wage gap is when
A Hispanic woman makes less money than a Hispanic man
An Asian female makes more money than another Asian female
A man and a woman, both in their mid-30s, make the same amount of money
Two males make the same amount of money despite an experience gap
A pressure action by union members and sympathizers who refuse to buy or handle the product of a target company
Boycott
Strike
Injunction
Strikebreaker
A refusal to let employees work in called a (an)
Strike
Injunction
Lockout
Seizure
Complementary goods are two goods…
that are used to make other goods.
that are used together.
that have the same function.
that compete with each other.
Which of the following statements is false?
Prices are determined only by suppliers
It isn’t possible to control prices without affecting supply and demand
High prices encourage consumers to find substitute goods
Low prices may discourage production
