1			Which of the following does not shift the demand for labor?
			A)	The increase in the working age population
			B)	The price of the company's output
			C)	The productivity of the workers
			D)	None of the above
2			Laptop Productions Inc. produces laptops that it sells at $2,000 each. Given the table below, and if the annual wage is $40,000, how many workers should Laptop Productions Inc. employ? <a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/007712961x/946385/16_2.JPG','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (8.0K)</a>
			A)	2
			B)	3
			C)	4
			D)	5

Use the following information for a hypothetical economy to answer questions 3 to 6:

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3			Based on the table above, the number of people unemployed equals:
			A)	400,000
			B)	500,000
			C)	800,000
			D)	1,300,000
4			Based on the table above, the labor force equals:
			A)	2,700,000
			B)	3,000,000
			C)	3,200,000
			D)	4,000,000
5			Based on the table above, the unemployment rate amounts to:
			A)	14.81%
			B)	15.63%
			C)	16.67%
			D)	25.00%
6			Based on the table above, the participation rate is:
			A)	67.50%
			B)	75.00%
			C)	80.00%
			D)	100.00%
7			The unemployment rate can change even though the number of people employed and unemployed remain the same. This is due to:
			A)	The unemployment spell being too long
			B)	The increase in population size
			C)	The decrease in population size
			D)	People getting discouraged and stopping their job search

Use the information in the table below to answer questions 8 and 9:

<a onClick="window.open('/olcweb/cgi/pluginpop.cgi?it=jpg::::/sites/dl/free/007712961x/946385/16_8_9.JPG','popWin', 'width=NaN,height=NaN,resizable,scrollbars');" href="#"><img valign="absmiddle" height="16" width="16" border="0" src="/olcweb/styles/shared/linkicons/image.gif"> (14.0K)</a>

8			Based on the table above, and assuming the total number of actual and potential workers is 9,000, the civilian labor force is:
			A)	8,375
			B)	8,700
			C)	9,000
			D)	9,650
9			Based on the table above, and assuming the total number of actual and potential workers is 9,000, the unemployment rate is:
			A)	15.52%
			B)	16.12%
			C)	18.97%
			D)	22.70%
10			Sarah lost her job due to a structural shift in the production of the economy, which caused a long term mismatch between workers and market needs. This is an example of:
			A)	Technological unemployment
			B)	Frictional unemployment
			C)	Cyclical unemployment
			D)	Structural unemployment