Question 1
Related to the
Economics in Practice on p. 445: Survey data suggests that during the recession of 2008-2009, the hours that those who were unemployed lost to the formal market were primarily spent on
◦ job search.
◦ increased education.
◦ leisure activities.
◦ non-market work.
Question 2
Related to the
Economics in Practice on p. 447: In the U.S. from 1955 to 1996, the labor force participation rate ________ for men and ________ for women.
◦ increased; increased
◦ increased; decreased
◦ decreased; increased
◦ decreased; decreased