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Federal Reserve Bank of Boston Economic Quiz
Raise Your Hand if You Would Like to Participate!
1. What U.S. agency is responsible for compiling employment and unemployment data?
The Bureau of Economic Analysis
The Census Bureau
The Bureau of Labor Statistics
The Federal Reserve
2. True or False: The Labor Force Participation Rate measures the number of people with a job as a percentage of the entire working age population.
True
False
3. Since 1950, labor force participation among women has:
Held steady
Risen gradually
Almost doubled
Nearly tripled
4. If you are a college graduate, how much more likely are you to be in the labor force than if you have only a high school degree?
10%
20%
30%
40%
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Economic quiz written by: Mary Fitzgerald - April 2003
Views expressed in the economic quiz are those of the individual author.