Start learning →

AP Macroeconomics Measuring Economic Output — practice questions — page 4

Explore 112 free Measuring Economic Output questions in AP Macroeconomics Economics. Open each question or exercise to read its content, reference answers and available explanation.

Practise Measuring Economic Output with Quill →

Measuring Economic Output questions and exercises with answers

Showing questions 91–112 of 112.

In January 2017, 7.635 million unemployed out of a 159.716 million labor force gave a rate of:Read the answer and worked solution →In January 2017, about what share of US adults were in the labor force?Read the answer and worked solution →A college graduate working as a sales clerk is an example of being:Read the answer and worked solution →Workers who stopped looking for jobs and are no longer counted as unemployed are:Read the answer and worked solution →The US labor force participation rate peaked at just over 67% around:Read the answer and worked solution →The establishment payroll survey covers about how many businesses and agencies?Read the answer and worked solution →A criticism of the payroll survey is that it does not count the:Read the answer and worked solution →The Current Population Survey has been carried out every month since:Read the answer and worked solution →Over time the US unemployment rate seems to return to a range of:Read the answer and worked solution →During the 1930s Great Depression, US unemployment reached almost:Read the answer and worked solution →The US unemployment rate almost never falls below:Read the answer and worked solution →The US population grew from 76 million in 1900 to over how many by 2017?Read the answer and worked solution →Which group tends to have the highest unemployment rates?Read the answer and worked solution →In January 2017 the unemployment rate for college graduates was:Read the answer and worked solution →Catch the unemployedRead the answer and worked solution →Pop the labor forceRead the answer and worked solution →Run the jobs numbersRead the answer and worked solution →Slice the labor wordsRead the answer and worked solution →In or out of the labor forceRead the answer and worked solution →Sort employed, unemployed and outRead the answer and worked solution →Type the numberRead the answer and worked solution →Unemployment bingoRead the answer and worked solution →

Worked practice questions

In January 2017, 7.635 million unemployed out of a 159.716 million labor force gave a rate of:

  1. 3.0%
  2. 10.0%
  3. 4.8%
  4. 6.2%
Show answer and solution

Correct answer: C. 4.8%

1. Divide 7.635 by 159.716. 2. That is about 0.048. 3. The rate was 4.8 percent. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._

Open this question →

In January 2017, about what share of US adults were in the labor force?

  1. 37.1%
  2. 95.2%
  3. 50.0%
  4. 62.9%
Show answer and solution

Correct answer: D. 62.9%

1. That is the labor force participation rate. 2. It was 62.9 percent. 3. The rest were out of the labor force. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._

Open this question →

A college graduate working as a sales clerk is an example of being:

  1. Underemployed
  2. Unemployed
  3. Discouraged
  4. Out of work
Show answer and solution

Correct answer: A. Underemployed

1. Their skills are not being used. 2. They are underemployed. 3. They still count as employed. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 7, Unemployment (CC BY 4.0)._

Open this question →

How to practise

  1. Choose a Measuring Economic Output question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Economics topics

InflationMoney and BankingUnemploymentMonetary Policy and Bank RegulationExchange Rates and International Capital FlowsGovernment Budgets and Fiscal PolicyAggregate Demand and Aggregate SupplyDemand and Supply