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
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
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
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
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
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