首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in o
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in o
admin
2014-03-02
29
问题
Changes in the volume of unemployment are governed by three fundamental forces: the growth of the labor force, the increase in output per man hour, and the growth of total demand for goods and services. Changes in the average hours of work enter in exactly parallel fashion but have been quantitatively less significant. As productivity rises, less labor is required per dollar of national product, or more goods and services can be produced with the same number of man—goods.
If output does not grow, employment will certainly fall; if production increases more rapidly than productivity (less any decline in average hours worked, employment must rise. But the labor force grows, too. Unless gross national product (total final expenditure for goods and services corrected for price changes) rises more rapidly than the sum of productivity increase and labor force growth (again modified for any change in hours of work), the increase in employment will be inadequate to absorb the growth in the labor force. Inevitably the unemployment rate will increase. Only when total production expands faster than the rate of labor force growth plus the rate of productivity increase and minus the rate at which average annual hours fall does the unemployment fall. Increases in productivity were more important than growth of the labor force as sources of the wide gains in output experienced in the period from the end of the war to the mid-sixties. These increases in potential production simply were not matched by increases in demand adequate to maintain steady full employment.
Except for the recession years of 1949, 1954, and 1958, the rate of economic growth exceeded the rate of productivity increase. However, in the late 1950s productivity and labor force were increasing more rapidly than usual, while the growth of output was slower than usual. This accounted for the change in employment rates.
But if part of the national purpose is to reduce and contain unemployment, arithmetic is not enough. We must know which of the basic factors we can control and which we wish to control. Unemployment would have risen more slowly or fallen more rapidly if productivity had increased more slowly, or the labor force had increased more slowly, or the hours of work had fallen more steeply, or total output had grown more rapidly. These are not independent factors, however, and a change in any of them might have caused change in the others.
A society can choose to reduce the growth of productivity, and it can probably find ways to frustrate its own creativity. However, while a reduction in the growth of productivity at the expense of potential output might result in higher employment in the short run, the long-run effect on the national interest would be disastrous.
We must also give consideration to the fact that hidden beneath national averages is continuous movement into, out of, between, and within labor markets. For example, 15 years ago, the average number of persons in the labor force was 74 million, with about 70 million employed and 3.9 million unemployed. Yet 14 million experienced some term of unemployment in that year. Some were new entrants to the labor force; others were laid off temporarily, the remainders were those who were permanently or indefinitely severed from their jobs. Thus, the average number unemployed during a year understates the actual volume of involuntary-displacement that occurs.
High unemployment is not an inevitable result of the pace of technological change but the consequence of passive public policy. We can anticipate a moderate increase in the labor force accompanied by a slow and irregular decline in hours or work. It follows that the output of the economy—and the aggregate demand to buy it—must grow by more than 4 percent a year just to prevent the unemployment rate from rising, and by even more if the unemployment rate is to fail further. Yet our economy has seldom, if ever, grown at a rate greater than 3.5 percent for any extended length of time.
We have no cause for complacency. Positive fiscal, monetary, and man power policies will needed in the future.
Which of the following statements is supported by the passage?
选项
A、As productivity rises, a greater amount of labor per dollar of national product can be expected.
B、Unemployment falls when production expands faster than labor force.
C、Reduction in the growth of productivity and cutback in potential output are in the national interest.
D、The long-term rate of growth in our economy, if continued into the future, will eventually decrease our unemployment rate, all other factors remaining constant.
答案
B
解析
其余三项均不符合事实。
转载请注明原文地址:https://jikaoti.com/ti/za6YFFFM
0
考博英语
相关试题推荐
Therearetwobasicwaystoseegrowth:oneasaproduct,theotherasaprocess.Peoplehavegenerallyviewedpersonalgrowtha
ItisthefirstofseveralagreementsUnitedStateshopestoreachasitattemptstoreduce,laborcostsby$5.8billionand___
Hewasconcernedonlywithmundanematters,especiallythedailystockmarketquotations.
positiondefineforgetfulfancykeybalanceimportanceunhealthylacksubjectopenple
ThecrucialyearsoftheDepression,astheyarebroughtintohistoricalfocus,increasinglyemergeasthedecisivedecadeforA
Everyprofessionortrade,everyart,andeverysciencehasitstechnicalvocabulary,thefunctionofwhichispartlytodesigna
Manymentalinstitutionsthroughoutthecountryhavebeenturnedintodumpinggroundsforthousandsofoldsterswhohavenoplac
Sincethepackagewas______,thedamagewaspaidfor.
Theracialtheoryofcivilizationhasceasedtobescientificallyrespectable.Todayweonlyknowitasasophisticalexcusefor
CampaigningontheIndianfrontierisanexperiencebyitself.Neitherthelandscapenorthepeoplefindtheircounterpartsina
随机试题
抽油井生产中,合理控制套管气,泵效会()。
A.系统性红斑狼疮性肾炎B.多囊肾C.慢性肾小球肾炎D.急性肾小球肾炎属遗传性肾脏疾病的是
目前临床上常采用降压药物包括
某女,5岁。因热毒内蕴、毒邪未尽导致口疮肿痛、烦躁口渴,大便秘结,儿科医师给其处以小儿化毒散。患儿家长依方购药,按说明口服用数日,口疮痊愈此因小儿化毒散除清热解毒外,又能()。
《会计法》规定,用电子计算机软件生成的会计资料,必须符合( )的规定。
甲公司在对下列交易或事项进行会计处理时,不应调整年初未分配利润的有()。
资金和其他资源的分配以重新排出的优先次序为基础,这种预算方法称为()
感受与鉴赏的领域中有()、音乐情绪与情感、音乐体裁与形式、音乐风格与流派。
情景模拟题:模拟校领导班子成员。地点:某党校会议室。人员:校领导班子成员。事由:为了提高教学质量,有的人提出应该适应形势发展需要,给各教研室配置一批计算机及辅助设备。有的则认为学校经费紧张,许多急事、大事待办,哪有钱来配置计算
中国共产党十七大报告指出,发展混合所有制经济的基础是
最新回复
(
0
)