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.Management Sciences
Category: Employment, Migration, And Urbanization
The unemployment rate is the ?
A. employed plus unemployed divided by labor force
B. total employment divided by population
C. labor force divided by population
D. unemployed divided by employed
Which of the following is not TRUE about unemployed in LDCs ?
A. The unemployment rate for youths is twice that of people over 24
B. Unemployment in rural areas is twice that of urban areas
C. World-wide there are fewer unemployed females than males, but the rate is higher for women
D. The unemployed are relatively well educated
Which of the following is not capita good ?
A. plant and equipment
B. buildings
C. inventories
D. consumers goods
According to Harris and Todaro, creating urban jobs by expanding industrial output ?
A. is insufficient for solving the urban unemployment problem
B. will generate capital-intensive technologies
C. will generate more government revenue through urban wages
D. induces government to increase minimum wages
Entrepreneurship is the ?
A. technique to manage raw materials efficiently
B. residual of a production function
C. resource coordinating other productive resources
D. blueprint on how to manage the labor force
Disguised unemployed is?
A. when marginal revenue productivity of labor is zero
B. the same as seasonal unemployment of LDC agricultural
C. the rigid factor proportions in LDC agriculture and industry
D. due to capital formation and the level of technology remaining constant.
Policies to reduce factor price distortion include?
I- Encouraging small-scale industry
II- Decreasing subsidies to capital investors
III- Reducing social security programs and payroll taxation
IV- Setting market-clearing exchange rates
A. I and II only
B. II and III only
C. I, II and III only
D. I, II, III and IV
In a production function Y = F(L, K,N,E,T) Y is ?
A. national product
B. capital
C. natural resources
D. prevailing technology
The invisibly underemployed ?
A. are workers who are compelled to work short hours
B. result from an inadequate use of workers capacities
C. are part-time workers who voluntarily work short hours
D. None of the above is correct
Which of the following is not TRUE about rural urban migration ?
A. Migration to the cities is a larger contributor than natural population growth to urban labor growth is sub Saharan Africa
B. In Latin America natural population increase is the major source of urban growth
C. From 1975 to 2000 the number of cities in LDC with populations over 1 million increased from 20 to 50
D. The urban share of total LDC population grew from 27 percent in 1975 and 35 percent in 1992 to 40 percent in 2003
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