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Test Bank for Labour Market Economics 8th Edition Benjamin

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Test Bank for Labour Market Economics 8th Edition Benjamin

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441298718 Test Bank for Labour Market Economics 8th
Edition Dwayne Benjamin
Labour and Trade (The University of Western Ontario)




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TestBankforLabourMar
ketEconomi
cs8t
h
Edit
ionDwayneBenjamin


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TestBankf
orLabourMar
ketEconomi
cs8t
hEdi
ti
onDwayneBenj
ami
n
Or
derwi
llBeDel
iveri
n8To10Hour
s
Sampl
eQuest
ions


Exam
Name___________________________________
MUL TIPLECHOI CE.Chooset heoneal
ter
nati
vethatbes
tcompl
etest
he
st
atementorans wersthequesti
on.
1)Whi chofthediagr
amsgi v
enbelowcorr
espondstoabudgetl
i
nethat
i
nvolvesan
i
ncreaseinnonlabourincome?
1)
A)(a)B)( b)C)(
c)D)( d)
Answer :D
Explanati
on:A)
B)
C)
D)




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1
2)Whi choft hef oll
owings tatement smos tcloselyappl i
est othel abourf orce
part
icipat ion
decisi
on?
2)
A)Itconsi stsoft hechoicet oal l
ocat eapor ti
onofone’ stimetol abourmar k
et
act
ivit
ies
asopposedt onon- marketact ivi
ties .
B)Itdoesn’ tincl udeunempl oyedwor ker s.
C)Itoccur swhenonei sact ivelyseeki ngwor k.
D)Itincl udespai dandunpai dwor k.
E)Itoccur swhenoneaccept sanempl oymentposi ti
onandi swor king.
Answer :A
Explanat ion:A)
B)
C)
D)
E)
3)Whi choft hef oll
owings tatement sconcer ni
ngt heel asti
ci
tyofl abours upply
i
sfalse ?3)
A)Itisgener all
yhi gherforwoment hanf ormen.
B)Theel as ti
ci t
yofl abours uppl ywi t
hr es pecttoincomei snegat ive.
C)Theov eral llaboursuppl yforbot hsex esi sli
kelyt obedownwar ds loping.
D)Theov eral llaboursuppl yforbot hsex esi sli
kelyt obeupwar dsl oping
E)Thecompens at
edelas t
i
ci t
y( reflectingt hesubs t
itut
ioneffect)tendst obe
hi
gheri n
magni tudet hant heuncompens ated,gr ossel asti
city.
Answer :C
Explanat ion:A)
B)
C)
D)
E)
4)Ther eser v ati
onwagei sdefinedas :4)
A)thewager ateatwhi chz erohour sofl abouri ssuppl iedbyt hewor kers.
B)themi nimum waget hatanempl oyeei swi l
l
ingt oacceptf oragi venj ob.
C)theequi libr i
um wage.
D)thewageoft hereservationcl erki nt het ouri
sm i ndus t
ry.
E)themaxi mum waget hatanempl oyeri swi l
li
ngt opayawor kerforagi ven
j
ob.



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