If Both Hours Worked Per Employee and the Number of Employed

question 16

Multiple Choice

If both hours worked per employee and the number of employed workers stay constant while the working-age population increases,

• A)the unemployment rate will decrease.
• B)aggregate hours will decline.
• C)the unemployment rate will increase.
• D)aggregate hours will not change.
• E)aggregate hours will increase.

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Definitions:

Stock Price

The amount of money it would cost to purchase a share of a company on a stock market.

Immediate Exercise

The action of exercising an option right away, rather than waiting until closer to the expiration date.

Dividend Yield

The ratio of a company's annual dividend payments to its share price, indicating the income generated from stock investment.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often used to quantify the risk of investment.