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.Management Sciences
Category: Employment, Migration, And Urbanization
The openly unemployed in LDCs are usually from all of the following except ?
A. persons 15 to 24 years old
B. the educated
C. residents of urban areas
D. from the poorest 1/5 of the population
The theoretical basis for zero marginal productivity of labor was the concept of ?
A. marginal rate of substitution
B. labor force literacy
C. substitution of leisure and work among labor
D. limited technical sustainability of factors
Labor skills are a major component of ?
A. fertility
B. population quality
C. mortality
D. morbidity
The Keynesian remedy for unemployment is to ?
A. decrease aggregate demand
B. reduce tax rates or lower interest rates
C. decrease government spending
D. decrease private consumption and investment
During the Great Depression workers in DCs who took inferior jobs as a result of being laid off were known as ?
A. disguised unemployed
B. cyclical unemployed
C. seasonally unemployed
D. voluntarily unemployed
The simplest explanation based on Lewis’s model for rural-urban migration is ?
A. That people migrate when urban wages exceed rural wages
B. a higher expected income in urban areas
C. better infrastructure in urban areas
D. the availability of labor-intensive jobs in urban areas
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
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