The Table Below Shows the Percentage of the Labour Force

question 46

Multiple Choice

The table below shows the percentage of the labour force accounted for by males and females over a two-decade period.Assume that real GDP is equal to potential in each of the given years.
% of Labour Force
TABLE 30-4
-Refer to Table 30-4.Suppose that for each year listed the unemployment rate among males is 5% while it is 7% among females.By how much does this economy's NAIRU change between 1960 and 1975?

• A)it decreases by 1 percentage point
• B)it remains the same
• C)it increases by 0.5 percentage point
• D)it increases by 0.3 percentage point
• E)it increases by 0.2 percentage point

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Definitions:

Erikson's View

The perspective of Erik Erikson, a developmental psychologist who proposed a theory of psychosocial stages across the lifespan.

Midlife

A period of life, usually considered to occur approximately between the ages of 40 and 60, characterized by various physical, psychological, and social changes.

Vaillant

Refers to George E. Vaillant, a psychiatrist known for his research on how people adapt to stress and other psychological processes across the lifespan.

Agentic

Pertains to an individual's sense of agency, or the ability to act independently and make free choices, shaping one's own life path.