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31 Hollywood Icons Who Served in the U.S. Military

On this Memorial Day, millions of Americans across the country are honoring our military heroes, observing, and reflected on those who made the ultimate sacrifice. This list highlights some of the actors, directors, singers, producers, and entertainers who’ve served in the U.S. military.

From Hollywood’s earliest days, artists have served in the U.S. armed forces. Some had broader experiences than others in service to the country And many Hollywood greats served in World War II.

Jimmy Stewart

James Stewart not only joined the US Air Force in 1941, he ended his service in 1968 as a Brigadier General in the USAF Reserves. Stewart’s service was not for show, either. He flew many bombing missions over Germany and Nazi-occupied Europe.

Kirk Douglas

The famed movie tough guy joined the US Navy in 1941 and served as a communications officer in anti-submarine warfare. He received a medical discharge thanks to war injuries in 1944.

Clark Gable

Though he was already a veritable old man in soldier years, Gable joined the U.S. Army Air Corp at 43 and few five combat missions as an observer-gunner. Gable joined after his wife, Carol Lombard, died in a plane crash while flying home after a tour to promote war bonds.

Audie Murphy

Maj. Audie Murphy went into the Army as a private and won many battle field promotions. He is one of the most widely decorated actors in Hollywood history. He is the only actor/celebrity to be awarded the Congressional Medal Of Honor. In addition, he was awarded a Distinguished Service Cross, two Silver Stars, a Legion of Merit with Combat V, and two Bronze Stars with Combat V. He also received several foreign awards were especially impressive. He received the French Forrager, Legion of Honor, and Croix de Guerre with Palm and Silver Star, and the Belgian Croix de Guerre 1940 with Palm.

Other stars of the era who served include Jason Robards (Navy 1941), Paul Newman (Navy, 1943), and Mel Brooks (Army, 1944). Then there was singer and dancer Josephine Baker who was a secret collaborator with the French Resistance to the Nazi invaders and was even awarded the Croix de Guerre as a spy for her work to defeat the Nazis. Several others served in the forces of their native nations including David Niven (Royal Army), Sir Alec Guinness (Royal Navy), and Audrey Hepburn (Dutch Resistance), and Star TrekActor James Doohan (Royal Canadian Army). Doohan was part of the D-Day invasion forces, was wounded six times losing a finger in the process, and later joined the Canadian Air Force as a pilot.

Ronald Reagan

Our 40th president, Ronald Reagan, was already a star when he joined the war effort. He served in the Army Air Force during World War II, enlisting in the Army Enlisted Reserve on 29 April 1937 and ordered to active duty on April 19, 1942. Because of his eyesight, he was not assigned to an air crew and instead helped make over 400 training films for the Army Air Force.

Sidney Poitier

Sidney Poitier, the first black American to win an Academy Award, enlisted in the U.S. Army during World War II in November of 1943. He served as a physiotherapist for almost a year, even though he lied about his age, as he was only 16 when he joined.

B.B. King

B.B. King, one of the greatest blues guitarists, was inducted into the U.S. Army in 1944, but was quickly released back into civilian life following boot camp because the government deemed his original profession — a tractor-trailer driver — to be vital to the war economy.

Hugh Hefner

Later to be known as the swinger editor of Playboy Magazine, Hugh Hefner joined the U.S. Army in 1944 after graduating high school. Hef didn’t see any acton, though, and was discharged in 1946 after serving as an Amy newspaperman and infantry clerk.

Tony Bennett

Tony Bennett, the legendary “I Left My Heart in San Francisco” crooner, was drafted during World War II in 1944 and assigned to the 63rd Infantry Division, or “Blood and Fire” division, fighting in France and Germany. Being a “replacement” was not an easy job as the war was winding down in Europe. About half these soldiers died in the months after basic training in 1944 and the end of the war in Europe in Sept. of 1945.

After the big war, many others continued the tradition, of course.

Gene Hackman

The actor, who won an Academy Award for Best Actor in The French Connection, enlisted in the Marine Corps the year after World War Two ended in1946. He lied about his age to get accepted, as he was only 16 when he enlisted.

Willie Nelson

The Always On My Mind singer volunteered for the U.S. Army in 1950. However, he only served nine months and was given a medical discharge due to severe back problems.

Johnny Cash

Johnny “The Man In Black” Cash enlisted in the U.S. Air Force in 1950. After basic training at Lackland Air Force Base and technical training at Brooks Air Force Base, both in San Antonio, Texas, he was assigned to the 12th Radio Squadron Mobile of the U.S. Air Force Security Service at Landsberg, West Germany. He mustered out in 1954.

Clint Eastwood

Clint Eastwood was drafted in 1951 for service during the Korean War. Eastwood saw no action, though, and spent his service at Ft. Ord in California, where he was appointed as a lifeguard and projectionist of training films.

David Janssen

Perhaps best known as the man on the lam in the 60s TV series, The Fugitive, Janssen didn’t escape the U.S. Army having served from 1952 to 1954 at Fort Ord, California. He saw no action during the Korean War as he served in the entertainment division during his two-year stint.

Martin Milner

Like his army pals Clint Eastwood and David Janssen, Adam 12 star Martin Milner served a two-year stint in the Army and was based at Fort Ord, California. Also like his buddies Eastwood and Janssen, there he worked in the entertainment sector. He mustered out in 1954 and went right into TV and film work in Hollywood.

Robert Duvall

Robert Duvall enlisted in the U.S. Army after graduating from Principia College in 1953. Duvall has disputed early biographies that claimed he fought during the Korean War, though. He has joked that he “barely qualified” with his M-1 rifle in basic training. He served two years, and never got past the rank of private first class.

Leonard Nimoy

Later to become famous as Star Trek’s half human, half alien Mr Spock, Leonard Nimoy enlisted in the U.S. Army Reserve at Fort McPherson, Georgia. He served for 18 months between 1953 and 1955. Nimoy also worked in the Army’s Special Services narrating plays and performing in training films.

James Earl Jones

The voice of Star Wars villain Darth Vader, a man who has been referred to as “one of the greatest actors in American history,” served in the Army during the Korean War, rising to the rank of first lieutenant. Jones missed the war, though, as he started his service in 1953 just as the war was coming to a close.

Alan Alda

Best known for playing an Army surgeon in the TV series M.A.S.H., Alda did serve in the actual military when he volunteered after finishing his studies at Fordham University. He served as a gunnery officer during a six-month tour of duty in the Korean War.

Morgan Freeman

Morgan Freeman turned down a scholarship for acting and instead joined the Air Force in which he served from 1955 to 1959. He served as a radar technician and mustered out as an Airman 1st Class. Freeman has said that he enjoyed his service experience until, that is, he was being scouted to be trained as a jet pilot. He said the reality that war means killing dawned on him at that time and he began to look for the exit door to get back to life as an actor.

Elvis Presley

Elvis Presley’s drafting in 1957 was huge news and the media followed him throughout his years of service. Elvis honorably served his term and mustered out as a sergeant in 1960.

Chuck Norris

Famed martial artist Chuck Norris joined the U.S. Air Force in 1958 and served his full term, being discharged in 1962. He was ultimately assigned to Osan Air Base in South Korea where he began to develop his signature martial arts style, Chun Kuk Do.

Jimi Hendrix

Jimi Hendrix had a bit less gratifying service having been forced into the Army or face jail time for car theft in 1961. He served only one year before being discharged for an ankle injury. Some researchers suggest that the injury was just the Army’s excuse to be rid of the troublesome rocker.

John Fogerty

Singer-songwriter John Fogerty joined up in 1966 when his draft number neared. He signed up for the United States Army Reserve as a supply clerk. However, he was switched to active duty for six months, anyway, but saw no service under fire. He was discharged honorably in 1968.

Tom Selleck

Tom Selleck was already an actor when he was drafted during the Vietnam War in 1967. He served six years in the the 160th infantry regiment of the California National Guard.

Oliver Stone

The famed director of Platoon served during the Vietnam War from 1967 to 1968 and was wounded twice. He earned the The Bronze Star with V’device and a Purple Heart with one Oak Leaf Cluster.

Pat Sajak

Pat Sajak volunteered for the U.S. Army in 1968. While he saw no battlefield action in Vietnam, Sajak did serve as an Army Radio disc jockey and ended up in country, anyway, when he was assigned to host a radio program on Armed Force Radio broadcasting in Saigon.

R. Lee Ernmey

Everyone knows R. Lee Ermey as the intense drill sergeant in Full Metal Jacket, but some may not know that he served in the Marines for a decade, was a real Drill Instructor, and saw service in Vietnam in 1968. He started out as a Repair Shop Mechanic and went on to earn the Good Conduct Medal (x2); the National Defense Service Medal; the Vietnam Service Medal with Bronze Star; the Vietnam Campaign Medal with Device; the Vietnam Gallantry Cross with Palm Unit; Meritorious Unit; the Armed Forces Expeditionary Medal; and a Meritorious Unit Citation.

Ice-T

Musician, songwriter, and rapper Tracy Lauren Marrow — better known in the music scene as Ice-T and also for his long-running starring role on TV’s Law & Order SVU — joined the U.S. Army in 1979 after graduating high school. He served the 25th Infantry Division for four years.

Drew Carey

TV funny man and game show host Drew Carey served in the U.S. Marine Corps Reserves starting in 1980. He was honorably discharged in 1986 and he says that he adopted the Marines crew cut and horn-rimmed glasses as his trademark look due to his service.

Adam Driver

Adam Driver, who found fame as Kylo Ren in the Star Wars series, joined the U.S. Marines shortly after the attacks on Sept. 11, 2001. He was briefly assigned to the Weapons Company, 1st Battalion, 1st Marines, before being medically discharged due to an injury.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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“Educational Robots Market” report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive landscape.

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Medical Education Market Dynamics, Forecast, Analysis and Supply Demand 2021-2031

The recent study by Fact.MR on the medical education market offers a 7-year forecast for the period of 2020-2027. The study analyzes crucial trends that are currently determining the growth of the medical education market.

This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the provision of medical education. The study also provides dynamics responsible for influencing the future status of the medical education market over the forecast period.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups. Sales of Spending on Medical Education devices are soaring rapidly.

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A comprehensive estimate of the Spending on Medical Education market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Spending on Medical Education during the forecast period. Price point comparison by region with the global average price is also considered in the study.

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Spending on Medical Education.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

The Market survey of Spending on Medical Education offers a comprehensive analysis of diverse features, including production capacities analysis of Spending on Medical Education, demand, product developments, revenue generation, and Size of Spending on Medical Education Market across the globe.

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Some Notable Offerings by Fact.MR Report on Spending on Medical Education market:

We will provide you an analysis of the extent to which this Spending on Medical Education market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.

We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.

Also, this report will help you to identify any trends to forecast growth rates.

The analyzed report will forecast the general tendency for supply and demand.

Key Takeaways of the Medical Education Market Study

Cardiothoracic training remains highly preferred over other types of training, capturing a nearly one-fifth share of the total market value. High prevalence of lifestyle diseases such as obesity and hypertension has augmented the need for cardiac surgeries, thus stimulating the need for cardiothoracic training.

By delivery method, courses continue to account for a majority share of the global market revenue. This is attributable to increasing number of medical courses with sub-specialties.

Online and distance modes of training are anticipated to expand the fastest, attributed to mandatory social distancing measures implemented by governments to contain the spread of the coronavirus in 2020.

By type of organization, school of medicine is expected to retain its dominance, capturing nearly 40% share of the medical education market. Rising investments in the establishments of medical schools is anticipated to drive the segment’s growth.

North America’s medical education market leads the first wave of growth, owing to rising number of enrolments in medical schools and adoption of updated educational frameworks.

Market growth prospects remain high in Asia Pacific, attributed to increased adoption of advanced technologies in research and teaching. Asia Pacific’s market value is expected to expand 1.4x during the forecast period.

Report Benefits & Key Questions Answered

Spending on Medical Education Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Spending on Medical Education category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.

Spending on Medical Education Manufacturing trend analysis: A key aspect of the study is comprehensive Spending on Medical Education manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.

Innovation and acquisition activity in Spending on Medical Education: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Spending on Medical Education market. Adoption of various technologies are being discussed in detail.

Spending on Medical Education demand by country: The report forecasts the country wise demand for Spending on Medical Education between 2021 and 2031. By analyzing this section of the report, Spending on Medical Education manufacturers can accordingly invest in those regions where the demand is on the rise.

Post COVID consumer spending on Spending on Medical Education: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Medical Education Market: Segmentation

Fact.MR has studied the medical education market with detailed segmentation on the basis of delivery method, mode of training, types of training, type of organization and region.

Delivery Method

Internet Enduring Materials

Courses

Regularly Scheduled Series and Other Enduring Materials

Mode of Training

On-campus

Distance

Online

Types of Training

Cardiothoracic Training

Neurology Training

Orthopedic Training

Oral and Maxillofacial Training

Pediatric Training

Radiology Training

Laboratory

Others

Type of Organization

School of Medicine

Government/Military Organizations

Hospitals

Insurance Companies

Non-profit Organizations

Publishing or Education Companies

Others

Region

North America

Europe

Asia Pacific

Latin America

Middle East & Africa (MEA)

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

Some of the Spending on Medical Education Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

Details regarding latest innovations and development in Spending on Medical Education and how it is gaining customer traction during the forecast period.

Analysis about the customer demand of the products and how it is likely to evolve in coming years.

Latest regulations enforced by government bodies and local agencies and their impact on Demand of Spending on Medical Education Market .

Insights about adoption of new technologies and its influence on the Spending on Medical Education market Size.

Overview of the impact of COVID-19 on Spending on Medical Education Market and economic disruptions caused by the pandemic.

Evaluates post-pandemic impact on the Sales of Spending on Medical Education Market during the forecast period.

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After reading the Market insights of Spending on Medical Education Report, readers can:

Understand the drivers, restraints, opportunities and trends affecting the Sales of market.

Analyze key regions holding significant share of total Spending on Medical Education market revenue.

Study the growth outlook of Spending on Medical Education market scenario, including production, consumption, history and forecast.

Learn consumption pattern and impact of each end use & supply side analysis of Spending on Medical Education market.

Investigate the recent R&D projects performed by each market player & competitive analysis of Spending on Medical Education Market Players.

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The data provided in the Spending on Medical Education market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

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[joblistan]

OFFICE OF THE CDC SINDH SUB RECIPIENT GLOBAL FUNDS GRANT, TUBERCULOSIS SINDH

SITUATIONS VACANT

25

Treatment

6

Coordinator

PMDT

DR TB Treatment 10

Support

Coordinator

26

MINIMUM QUALIFICATION: Graduation, MINIMUM EXPERIENCE: 1-2 Year Experience in Civil Hospital Mithi (1), ICD Kotri (1),

Community / Social Mobilization. AGE LIMIT 45 Years

JPMC Karachi (2), OJHA Karachi (1),

Civil Hospital Mirpurkhas (1)

MINIMUM QUALIFICATION: Graduation, MINIMUM EXPERIENCE: 1-2 Year Experience in 1 in each PMDT Sites (KHI MCC, KHI

Community / Social Mobilization. AGE LIMIT 45 Years

West, Khairpur, Jacobabad, Kamber

Shahdadkot, Umerkot, Ghotki,

Sanghar, Kashmore & Dadu)

MINIMUM QUALIFICATION: Diploma in X-Ray Technician. MINIMUM EXPERIENCE: At least

X-Ray Vans

1-2 Years of Experience in same field. AGE LIMIT: 45 Years

27

28

Medical Imaging 5

Technician

Mobile X-ray Van

DR TB Facilitator- 2

Case

Management

DR TB Facilitator 9

Social Support

JPMC Hospital Karachi & PMDT

Ghori -TIH

MINIMUM QUALIFICATION: FSC with Diploma in Nursing / Dispensing / Health Technician.

MINIMUM EXPERIENCE: At least 1 Year Working Experience in the Same Field (Preferably in

Chest/TB Dept). AGE LIMIT 45 Years

MINIMUM QUALIFICATION: Graduation, MINIMUM EXPERIENCE: 1-2 Year Experience in

Community / Social Mobilization. AGE LIMIT 45 Years

29

PMDT Ghori TIH (1), PMDT Mirpur

Khas (1), PMDT Nawab Shah (1).

PMDT Badin (1), PMDT JPMC

Karachi (1), PMDT Sukkur (1), PMDT

Kotri (1), PMDT Larkana (1) & Civil

Hospital Mithi (1)

PMDT Ghori - TIH (1), OJHA Khi (1).

JPMC Karachi (1), PMCH Shaheed

Benazirabad (1), CMCH Larkana (1),

GMMMCH Sukkur (1)

SR Office Hyderabad

30

6

Nursing

Assistant

MINIMUM QUALIFICATION: Intermediate. MINIMUM EXPERIENCE: 01 Year Experience in

Nursing Assistance. AGE LIMIT: 45 Years.

31

Project Assistant 1

32

Screener

2 2

DHQ Hospital Mithi & TB Hospital

Khairpur

X-Ray Vans

33

Screener-Mobile 5

X-Ray Vans

MINIMUM QUALIFICATION: Bachelors. MINIMUM EXPERIENCE: 1-2 Years of Relevant

Experience in Data Entry and Data Collection. Also having Experience in File Keeping. AGE

LIMIT: 45 Years

MINIMUM EDUCATION: FA/ ESC (Graduate will be preferred). MINIMUM EXPERIENCE: 1-2

Years Experience of working with any NGO Hosital shall be preferred. Maximum age: 45 Years.

MINIMUM QUALIFICATION: High School Diploma along with training and experience in

medical field are a must with minimum experience of 1-2 years. Provides exceptional customer

service and ensures that all employees, patients and visitors are screened upon entry as

per guidelines. Follows appropriate infection control protocol throughout shift. Maintains

professional and safe working environment at all times. MAX AGE 45 Years,

MINIMUM QUALIFICATION: Middle preference will be given to Matric with valid LTV/HTV

Driving License. MINIMUM EXPERIENCE: 03 Years Working Experience with Reputable

Organization. AGE LIMIT: 45 Years.

MINIMUM QUALIFICATION: FA/F.SC (Graduate will be preferred). Maximum Age: 45 years.

34

5

SR Office

Driver-Mobile

X-Ray Van

35

OICD OJHA Karachi

The office of the Donor Funded project invites applications from qualified candidates, having domicile of Sindh Province for appointment on contract basis

against following vacant positions:

S. Name of Posi-

Criteria/Required Qualification, Experience and Age Limit

Place of Positing

No. Position tions

1 Project Manager 1 MINIMUM QUALIFICATION: MBBS with Master in Public Health / Health Policy or equivalent. SR Office Hyderabad

MINIMUM EXPERIENCE: 05 - 10 Years Post Qualification relevant experience in public /

Private Sector. Experience in TB program will be preferred. AGE LIMIT: 62 Years.

2 Provincial DR TB 1 MINIMUM QUALIFICATION: MBBS with MPH/DTCD/MCPS. MINIMUM EXPERIENCE: 3-5

SR Office Hyderabad

Coordinator

Years Experience in Health Management Preference will be given to the candidates having

DR TB Management Experience AGE LIMIT: 62 Years.

3 Coordinator-

1 MINIMUM QUALIFICATION: MBBS with BS Masters in Public Health. MINIMUM

SR Office Hyderabad

LHW/TB

EXPERIENCE: 3-5 Years Experience in Planning Implementation, Monitoring and Evaluation

of Public Health Programmes in Public or Private Sector is required. (Interventions especially

in TB Project will be Preferred). AGE LIMIT: 45 Years.

4 Admin & HR

1 MINIMUM QUALIFICATION: Bachelors in Business / Public Administration or Equivalent.

SR Office Hyderabad

Officer

MINIMUM EXPERIENCE: 3-5 Years Experience in Administration & Human Resources

Management. Excellent Communication, Writing and Interpersonal skills, Good Computer

Skills with Proficiency in Microsoft Office, Web Base Systems, ERP, Fluency in written and

spoken English along with local languages, Effective organizational skills. AGE LIMIT: 45

years.

5 Provincial

3 MINIMUM QUALIFICATION: MBBS with MPH/DTCD/MCPS with 03 Years of Experience OR Karachi Region (2) & Larkana

Program Officer

MBBS with 10 Years Experience in Planning, Implementation, Monitoring and Evaluation of

Region (1)

Public Health/T.B programs. AGE LIMIT: 62 Years.

6 Procurement

1 MINIMUM QUALIFICATION: Bachelors in Business Administration/ Supply Chain

SR Office Hyderabad

Officer

Management or Equivalent. MINIMUM EXPERIENCE: 3-5 Years Post Qualification

Experience of Procurement Activities, Research Potential Vendors, Local Market Surveys and

Tendering Process. Strong Organizational & Administration Skills. AGE LIMIT: 45 years.

7 . MDR TB

7 MINIMUM QUALIFICATION: MBBS (Preferably Post Graduation in Chest Diseases / DTCDOJHA Karachi (1), Civil Hospital Mithi

Coordinator

or MCPS) OR MBBS with 2-3 Year Experience in TB DOTS / Chest Diseases. (MBBS having (1), JPMC Karachi (1), GMMMCH

Physician -

local domicile will be preferred for PMDT Site Mithi). AGE LIMIT: 62 Years.

Sukkur (2), ICD Kotri (1) & Ghori

PMDT

TIH (1)

8 Medical Officer- 3 MINIMUM QUALIFICATION: MBBS (Preference will be given to the candidates having Civil Hospital Mirpurkhas, CMCH

PMDT

Experience in Public & Private Hospitals) AGE LIMIT: 62 Years.

Larkana & ICD Kotri

9 Micro Biologist/ 7 MINIMUM QUALIFICATION: Master in Microbiology / Molecular Biology / Biotechnology. BSL III Ghori-TIH (2) BSL II Khairpur

Molecular

MINIMUM EXPERIENCE: 03 Years of working experience in Clinical Microbiology Laboratory(1), BSL III Larkana (1), BSL II Sukkur

Biologist

(Specific Experience in TB Culture & DST will be an advantage). AGE LIMIT 45 Years.

(1), BSL li Badin(1) & BSL II Mirpur

Khas

(1)

10 Logistic/Fleet 1 MINIMUM QUALIFICATION : Bachelor in Business Administration / Logistics / Supply Chain

SR Office Hyderabad

Coordinator

Management or Equivalent. MINIMUM EXPERIENCE: 02 Years Experience in a Same Field,

Sound Knowledge of the Consumer Goods Industry. Solid Understanding of Logistics and

Inventory Management Software. AGE LIMIT :45 Years

11 Senior Lab

4 MINIMUM QUALIFICATION: Bachelor Degree in Medical Lab Technology / Microbiology / Karachi Region (2), Bhambore Region

Supervisor

Biochemistry (Preference will be given to Master Degree Holder in Same Discipline) MINIMUM (1) & Mirpur Khas Region (1)

EXPERIENCE: 02 Years of Experience in Clinical Laboratory. AGE LIMIT: 45 Years

12 Office Assistant 1 MINIMUM QUALIFICATION: Graduation. Good Communication Skills both Written and verbal,

SR Office Hyderabad

Computer Skills is Mandatory Specially MS Office. MINIMUM EXPERIENCE: 2-3 Years as

Assistance in Program / Admin unit of NGO / Hospital / Private Sector. AGE LIMIT: 45 years.

13 Lab Technologist MINIMUM QUALIFICATION: BSc Microbiology / Laboratory Technology. MINIMUM 1 in each BSL Lab (JPMC Khi,

EXPERIENCE: 02 Year of working in Microbiology / Pathology Laboratory, (Knowledge of Khairpur, Mirpur Khas, Badin, &

Laboratory Equipment and its Maintenance is Desirable). AGE LIMIT: 45 Years.

Ghori - TIH)

HR Assistant

1 MINIMUM QUALIFICATION: Graduation in Business / Public Administration or Equivalent.

SR Office Hyderabad

MINIMUM EXPERIENCE: 1-2 Years Experience in Administration & Human Resources

Management. Excellent Communication, Writing and Interpersonal skills, Good Computer

Skills with Proficiency in Microsoft Office, Web Base Systems, ERP, Fluency in written and

spoken English along with local languages Effective organizational skills. AGE LIMIT: 45 years.

15 Finance

1 MINIMUM QUALIFICATION: Graduation in Accounting & Finance / Business / Public

SR Office

Assistant

Administration or Equivalent. MINIMUM EXPERIENCE: 1-2 Years Experience in Finance

Hyderabad

Sector. Excellent Communication, Writing and Interpersonal skills, Good Computer Skills

with Proficiency in Microsoft Office, Web Base Systems, ERP, Fluency in written and spoken

English along with local languages, Effective organizational skills. AGE LIMIT: 45 years.

Community

16 MINIMUM QUALIFICATION: Graduation with Relevant experience. Excellent Written and Oral

SR Office Hyderabad

Support

Communication Skills, including report writing. AGE LIMIT 45 Years.

Officer

17 Counsellor /

4 MINIMUM QUALIFICATION: Graduation in Clinical Psychology. MINIMUM EXPERIENCE: 1-2 Civil Hospital Mithi, PMDT Ghori - TIH

Psychologist

Years as a Professional Counsellor. AGE LIMIT: 45 Years.

(1), PMDT Badin &

18 Pharmacist

3 MINIMUM QUALIFICATION: Bachelor's in Pharmacy (Preference will be given to Pharm D PMDT Sukkur (1), PMDT Ghori -TIH

degree holder). MINIMUM EXPERIENCE: 1-2 Years experience in Public/Private Pharmacy

(1) & PMDT Badin (1)

Pharmaceutical company. AGE LIMIT: 45 Years.

19 Data Entry

6 MINIMUM QUALIFICATION: BS Computer Science/B.Com/BBA or Relevant Field. MINIMUM BSL III Ghori - TIH (1), BSL II

Operator

EXPERIENCE: 1-2 Years Experience in Data Entry and Data Collection. Also having Khairpur (1), BSL II JPMC (1), BSL II

Experience in File Keeping. AGE LIMIT: 45 Years

Nawabshah (1), BSL Badin (1) & BSL

Il Mirpur Khas (1)

20 Lab Technician 5 MINIMUM QUALIFICATION: BSC MLT/ Microbiology / Biochemistry or F.Sc with Diploma in 1 in each BSL Lab (Mirpur Khas,

Medical Lab Technology. MINIMUM EXPERIENCE: 1-2 Years of Working Experience in same Badin, Sukkur, Ghori - TIH & Ojha

field. Relevant experience in TB Culture & DST will be an advantage. AGE LIMIT: 45 Years.

Khi)

District Field 1

Officer

Lab Attendant 10

36

MINIMUM QUALIFICATION: FA/F.Sc. MINIMUM EXPERIENCE: 1-2 Years of Working

Experience in Laboratory. Max Age: 45 Years.

37

2

Lab Attendant -

PMDT

Lab Assistant

MINIMUM QUANTIFICATION: FA/F.Sc. MINIMUM EXPERIENCE: 1-2 Years of Working

Experience in Laboratory. Max Age: 45 Years.

MINIMUM QUALIFICATION: FA/F.SC. MINIMUM EXPERIENCE: 1-2 Years of Working

Experience in laboratory. Max Age: 45 Years.

1 in each BSL Lab (JPMC Karachi,

Kotri, Mirpur Khas, Badin, Nawab

Shah, Sukkur Khairpur, Larkana,

Ghori - TIH & Ojha Khi)

GMMMCH Sukkur & OICD Ojha

Karachi

1. in each BSL Lab (Kotri, Mirpur

Khas, Badin Nawabshah, Khairpur,

Ghori TIH & Ojha Khi)

SR Office Hyderabad

38

7

LO

39

Driver

9

MINIMUM QUANTIFICATION: Middle preference will be given to Matric with valid LTV/HTV

Driving License. MINIMUM EXPERIENCE: 03 Years Working Experience with Reputable

Organization. AGE LIMIT: 45 Years.

MINIMUM QUALIFICATION: Middle. AGE LIMIT: 45 Years.

14

40

Cleaner/Helper

11

PMDT Ghori TIH (3) PMDT OJHA

Karachi (2), PMDT Tharparkar (2),

PMDT Badin (1), SR Office (1), JPMC

Karachi (1) & Civil Hospital Mithi (1)

Sr Office Hyderabad

41

Support Staff

2

MINIMUM QUALIFICATION: Middle:_AGE_LIMIT: 45 Years.

Application Procedure & General Terms & Conditions

16

1. From S.No. 1-18 Applicants shall send their applications by courier and From S.No. 19-41 Eligible Candidates are invited for walk-in Interview as per

following Schedule.

01) S.No. 19-24 on TUESDAY dated: August 10th, 2021.

02) S.No. 25-30 on WEDNESDAY dated: August 11th, 2021.

03) S. No. 31-36 on THURSDAY dated: August 12th, 2021.

04) S.No. 37-41 on Friday dated: August 13th, 2021.

Timing: 10-00 AM TO 05-00 PM

ADDRESS: Office of the CDC (TB Control Program) Sindh, 1st Floor, Directorate General Health Building, Old Wehdat Colony, Hyderabad.

2. Applications along with CVs. Attested copies of All Academic & Experience Certificate (if any) clearly mentioning the Post applied at the Top Right

Side of the Envelope, must reach the address given below within 07 days of publication of this advertisement. And for Walk-in-interview candidates.

Applications CVs. Original & Attested Copies of All Academic & experience Certificates (if any), must bring at the time of interview, application form can

be downloaded from website https://ift.tt/2X0lzHQ.

3. Incomplete information and the applications received after due date will not be entertained, Only shortlisted candidates will be called for written test and

interviews. No TA/DA will be admissible for test and interview.

4. Candidates intending to apply for more than one position; Shall do so by submitting separate applications.

5. Candidates from Government Sector may apply through Proper channel.

6. The advertised positions are on contract basis, extendable subject to the availability of the funds by the donor and performance evaluation during the

Job Period.

7. Office of the CDC Sindh Sub Recipient of Global Fund Grant Sindh, reserves the right to increase or decrease the positions or revoke the hiring process

at any stage without assigning any reason.

88. The maximum age limit mentioned against each position is final and calculated by application closing date.

9. No position shall be entertained without valid and authentic certificate/diploma /degree/qualification. All certificates / Diplomas / Degrees will be verified

from the issuing authority.

Note: Previous Advertisement Published with INF-KRY No. 1276/2021 dated: 16th, 17th & 18th, 2021 in Daily Leading Newspaper (DAWN, JANG &

KAWASH) respectively, has been cancelled. Each applicant is advised to apply afresh.

Admin HR Office, Office of the CDC Sindh Sub Recipient of Global Fund Tuberculosis Grant, Plot No:113-B, Sindhi Muslim Cooperative Housing

Society (SMCHS), Shahrah-e-Faisal, Karachi. Phone: 021-37226245.

21

5

Lab Technician -

GeneXpert Site

MINIMUM QUALIFICATION: BSC MLT Microbiology / Biochemistry or F.Sc with Diploma in

Medical Lab Technology. MINIMUM EXPERIENCE: 1-2 Years of Working Experience in same

field. Relevant experience in TB Culture & DST will be an advantage. AGE LIMIT: 45 Years.

22

10

Genexpert

Technician

MINIMUM QUALIFICATION: BSC MLT / Microbiology / Biochemistry or F.SC with Diploma in

Medical Lab Technology. MINIMUM EXPERIENCE: 1-2 Years of Working Experience in same

field. Relevant experience in TB Culture & DST will be an advantage. AGE LIMIT: 45 Years.

SGH Korangi (1), TB Hospital

Khairpur(1), Abdullah Shah Medical

Institute Sehwan (1), DHQ Hospital

Thatta (1) & THQ Hospita Kotri (1)

1 in each BSL Lab (JPMC Karachi,

Kotri, Mirpur Khas, Badin, Nawab-

shah, Sukkur, Khairpur, Larkana,

Ghori - TIH & Ojha Khi)

02 in Each District (29 Districts)

23

68

24

Counsellor -

DHQ/TCH

DR TB Program

Assistant

Data Assistant

10

MINIMUM QUALIFICATION: Graduation. MINIMUM EXPERIENCE: 1-2 Year Experience in

Community / Social Mobilization. AGE LIMIT: 45 Years

MINIMUM QUALIFICATION: Bachelors. MINIMUM EXPERIENCE: 1-2 Years

Experience in Data Entry and Data Collection. Also Having Experience in File Keeping.

AGE LIMIT: 45 Years

1 in each PMDT Sites (KHI MCC, KHI

West, Khairpur, Jacobabad, Kamber

Shahdadkot, Umerkot, Ghotki,

Sanghar, Kashmore & Dadu)

INF-KRY: 3119/21

دہشت گردی کے خلاف پوری قوم افواج ایج ہیں۔

حکومت نرد)

علمیت یا واقعی ایس ایم ایس کریو

Say No to Corruption

[upliftpro]

US Certified Management Accountant (US CMA course) by the Institute of Management Accountants (IMA), USA has been one of the most sought after qualifications around the world.

Earning the US CMA can give you the career boost as they have an excellent rate of absorption all over the world. Currently, US CMA has marked its presence in over 100 countries including the United States (US).

The US CMA course is pursued by students who are keen in learning budgeting and management accounting. The professionals with US CMA qualifications are preferred over other candidates, by multinational companies and established conglomerates.

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CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

Corporates hire US CMA as they are considered experts in value creation and business strategy. Over the years, the prominence of the US CMA course has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates.

The key drivers for US CMA course in India include

A. Growth potential in the manufacturing sector and government efforts like “Make in India” to promote Indian manufacturer’s.  In this context, US CMA is huge demand in India

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Benefits of US CMA course

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In India, a fresh US CMA candidate in India can get a starting salary of INR 4-8 lakhs per year. This can go up to nearly INR 80 Lakhs once you become a CFO of a company.

Median compensation of US CMA salary by various job roles

The latest Global Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that holding the US CMA certification helps to add value beyond the basic compensation. 90% of survey respondents with US CMA certification said that US CMA gives them more confidence to perform their job at a high level.

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The survey results on the impact of COVID-19 showed that CMAs were less impacted in their jobs than compared to non-CMAs. Further, 43% of respondents said that their salary was not impacted by the COVID pandemic, while 3% indicated their compensation increased.

It was noted that 30% of respondents indicated that their salary decreased due to the pandemic, while 19% received a lower or no bonus due to the pandemic.

The industries which got affected by the pandemic were wholesale and retail trade (68.6%), followed by construction (63.6%), public accounting (57.2%), and education (55.1%).

The industries with the lowest percentage of respondents indicating a negative impact include government (11.1%), agriculture (22.6%), and medical/health services (39.4%).

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Tags

[phgq]

CREATE Act to spur knowledge-based sectors to do business in PH

#PHnews: CREATE Act to spur knowledge-based sectors to do business in PH

MANILA – Finance Secretary Carlos Dominguez III said Monday the rise of a science and technology (S&T) park in Batangas could clear the way for startups from India and other countries to establish their presence in the Philippines and accelerate the country’s shift to the new knowledge economy. 

 The soon-to-be enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill will open numerous doors of opportunities for the Philippines and India to put up S&T joint ventures, and serve as the stimulus that would encourage knowledge-based industries to locate here, Dominguez said. 

 Dominguez lauded the Batangas State University (BatStateU) for its “visionary leadership” in venturing to establish the Knowledge, Innovation, and Science Technology Park (KIST) inside its campus, and thanked the Embassy of India for supporting this initiative.

 Their cooperation on this initiative was formally launched Monday morning.

 “We need more forward-looking innovative projects such as the KIST Park. We are moving towards an economy where knowledge is the main driver of growth. The next generation must be trained in cutting edge science and technology to support our aspirations for a truly inclusive and competitive economy,” Dominguez said in his videotaped message during the event delivered via Zoom. 

  Dominguez thanked Ambassador Shambhu S. Kumaran for expressing India’s keen interest to assist in the Philippines’ digitalization programs and in funding the creation of small information technology (IT) centers in schools and universities nationwide.

 He said that under the Duterte administration, the Department of Finance (DOF) has used fiscal policy as a tool to promote a system that rewards innovation and the creation of new knowledge by pushing the Congressional passage of the CREATE bill. 

 Once enacted into law, Dominguez said CREATE will grant a 100-percent additional deduction on research and development (R&D) expenses for enterprises to incentivize the creation of new knowledge and products, on top of lowering the corporate income tax (CIT) rate from 30 percent to 20 percent for micro, small and medium enterprises (MSMEs), and 25 percent for all other businesses. 

 Dominguez said he expects the enactment of CREATE to strengthen the culture of R&D and innovation in the Philippines.

 “CREATE prioritizes industries that make use of the knowledge economy in their activities. The types of investments that will be pursued are activities consistent with the Fourth Industrial Revolution (FIRe),” Dominguez said. 

 He said “CREATE will open up numerous doors of opportunities for the Philippines and India to collaborate in the knowledge economy. This momentous event is just the start of our close partnership in this field.” 

 Dominguez said the cooperation between BatStateU's KIST Park and India “will take the Philippines’ and India’s partnership to a higher plane,” as this clearly demonstrates how the two countries can complement their respective advantages. 

 The Philippines’ strength lies in its highly educated, tech-savvy and young workforce, while India is a rising power in S&T with a strong cadre of digital technology experts, he said.

 Moreover, the two countries are “natural partners” as they are both English-speaking democracies with aligned trade and development interests, he said. 

 “This is an opportunity for India to create an ecosystem for its leading startups to establish their presence in the Philippines. Our country can even serve as India's Asean (Association of Southeast Asian Nations) regional base,” Dominguez said. 

 “Both our countries will benefit from this partnership through enhanced knowledge sharing, increased investments, and more job opportunities for our two peoples,” he added. 

 Dominguez said that with the coronavirus disease 2019 (Covid-19) pandemic amplifying the Philippines’ need to rapidly modernize its processes and shift to the New Economy, the government should encourage forward-looking innovative projects such as the KIST Park if it is to accelerate this transition.

 “This accelerated trend towards an economy driven by technology and innovation will continue to flourish. The Philippines must evolve and take advantage of this trend,” he said.

 Dominguez said technological innovations will build new industries and create many employment and investment opportunities, which, in turn, will allow both the Philippines and India to bounce back stronger from the pandemic and help ensure the long-term recovery of their economies. 

 Also at the launch for the Philippines-India cooperation to put up S&T joint ventures, either physically or virtually, were Agriculture Secretary William Dar; India Ambassador to the Philippines Shambhu Kumaran; Batangas Rep. Mario Vittorio Mariño; Dr. Tirso Ronquillo, who is president of BatStateU; officials from the Philippine Economic Zone Authority (PEZA); and representatives of KIST Park’s partner-industries and potential investors.

 Four memoranda of understanding (MOUs) that aim to jumpstart investments in the KIST Park were also signed during the event. 

 Three of these MOUs were signed by BatStateU with Indian companies. 

 These are the MOU on the Geographic Information Systems (GIS) Application in Marine Fisheries Development and Developing Satellite-based Parametric Insurance Products for Marine Fisherfolk and Fisheries Value Chain that was signed with FBFP-Filsatelles Geospatial-Number8 India; the Philippines-India Garlic and Onion Seeds Development Project, through Digital Extension Services and Post-harvest Technologies, with FBFP-KR Agro India; and the Blockchain and Crypto-Enabled Edutech Cooperation for Transitioning and Upskilling Students and Professionals for the ‘New Normal’ Knowledge Economy Global Careers, with AICA AiCademy based in Kerala, India. 

 An MOU on Farm-to-Market Digitalization of Organic and Fresh Produce and Agricultural Supply Chain with Traceability to Consumers and Retail Stores was also signed by Organic Options Philippines SourceTrace Systems and Aumra Agri-Food Philippines. (PR) 

   ***

References:

* Philippine News Agency. "CREATE Act to spur knowledge-based sectors to do business in PH." Philippine News Agency. https://www.pna.gov.ph/articles/1130705 (accessed February 16, 2021 at 01:12AM UTC+14).

* Philippine News Agency. "CREATE Act to spur knowledge-based sectors to do business in PH." Archive Today. https://archive.ph/?run=1&url=https://www.pna.gov.ph/articles/1130705 (archived).

[sandlerresearch]

Driving Simulator Market by Application (Training and Research & Testing), Vehicle Type(Car Simulator and Truck & Bus Simulator), Simulator Type(Training Simulator and Advanced Driving Simulator), Training Simulator Type(Compact Simulator and Full-Scale Simulator), End User, Region - Forecast to 2025 published on

https://www.sandlerresearch.org/driving-simulator-market-by-application-training-and-research-testing-vehicle-typecar-simulator-and-truck-bus-simulator-simulator-typetraining-simulator-and-advanced-driving-simulator-tra.html

Driving Simulator Market by Application (Training and Research & Testing), Vehicle Type(Car Simulator and Truck & Bus Simulator), Simulator Type(Training Simulator and Advanced Driving Simulator), Training Simulator Type(Compact Simulator and Full-Scale Simulator), End User, Region - Forecast to 2025

“The growth of the driving simulator market can be attributed to shortage of skilled drivers and increasing investment in autonomous vehicles.”

The global driving simulator market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. Increasing demand of skilled drivers due to high road accident rate, growing airtraffics, upcoming high speed train projects, and significant R&D investments in autonomous vehicles will be driving the demand for driving simulators.

The adoption of driving simulators and analysis technology has experienced an increase in the railways, aviation, marine, defense, and automotive sectors as it helps in testing and analyzing the designs of products in a virtual environment. Leading automotive companies, such as Toyota, General Motors, Ford, and Volkswagen, use different types of simulation software like FEA and CFD that help reduce the product design time, cost, and time-to-market. Airports of the European and Asian regions have incorporated airside driving simulators for handling ground operations. For example, Delhi International airport invested in Tecknotrove’s TecknoSIM airport driving simulators for training and testing its operators on the airside in 2019. Moreover, increasing stringency of safety and environmental regulations has compelled manufacturers and authorities to invest in driving simulators with innovate designs for training. Additionally, electrification of automotive components, advent of semi-autonomous and autonomous vehicles, and increasing influence of technology companies in the automotive industry are growth factors for the driving simulator market.

The demand for training and testing simulators depends on adoption of technologies in commercial vehicles, rails, airports; stringent safety regulations; encouragement by governments to install training simulators in driving schools; and released jobs for skilled drivers. The impact of the COVID-19 pandemic on industries like automotive, aviation, and railways is expected to affect the global driving simulators market as well. Driving simulators market for professional training are backed by players like ECA Group, Cruden B.V, Corys, Transurb, Tecknotrove, SHRail, and Cassidian. These companies have also been undergoing production halts during lockdowns. For instance, in the context of the COVID-19 crisis, the ECA Group limited its manufacturing activities within its sites to preserve the health and safety of its employees. The company has undertaken the remote work policy for multiple projects to further maintain its revenue in the coming days.

“The truck & bus Simulator segment is expected to be the fastest segment in the forecast.”

Truck simulators are used in assisting drivers in enhancing driving skills and performing loading/unloading of materials accurately and within an optimum time limit. Truck simulators consist of a fully functional pneumatic driver seat with all typical controls—a seat belt, pedals, and a fully adjustable (height and tilt) steering column with integrated flashers and hand brake. Various truck models with diverse transmission configurations are provided in such simulators. In truck simulators, braking plays a significant role.

One of the most important modes of urban passenger transportation worldwide is buses. Mostly used for short and medium distances, buses are designed to have a capacity of as high as 300 passengers, making driver training essential. Bus simulators have training and testing applications. For instance, Tecknotrove’s bus driving simulator, TecknoSIM, is a replication of a real bus with vehicle controls like steering wheel, gear, brake, clutch, pedals, indicators, and switches. It is an advanced tool for testing and training drives for various types of buses like minibus, passenger bus, electric bus, mini coach, and school bus. TecknoSIM provides basic and advanced driving skills in emergency scenarios.

“Advanced driving simulator segment is expected to be the largest and the fastest-growing end user segment in the forecast period.”

Advanced simulators are the most immersive type of simulators. They encompass the entire structure of a real vehicle. These are manufactured in a dome shape and provide a 360° view for driving. The dome is assembled on a motion platform with a high degree of freedom—up to 9 degrees. Many OEMs like Ford, Daimler, Toyota, Honda, and BMW have installed advanced driving simulators for R&D purposes. For instance, in 2018, BMW announced an investment of EUR 100 million in a driving simulator center in Munich, Germany. The project is estimated to be completed by 2020. Urban driving is a major hurdle in the context of autonomous vehicles that can be tested with the help of advanced driving simulators.

End users for the advanced driving simulator include vehicle manufacturing companies that conduct testing for advanced vehicle dynamics like acceleration, braking, steering, and aerodynamics. Mostly researchers and engineers analyze high-tech vehicles, safety features, and studies of driver’s behavior in adverse conditions using advanced simulators.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

By Company Type:Tier I – 55%, Tier II – 13%, and OEMs – 32%

By Designation: CXOs – 23%, Director Level – 47%, and Others – 30%

By Region: North America – 31%, Europe – 33%, Asia Pacific – 28%, and RoW – 8%

The driving simulator market comprises major companies such as Cruden B.V. (Netherlands), Cassidian (Germany), ECA Group (France), Tecknotrove Simulator System Pvt. Ltd (India), and Adacel Technologies (Australia).

Research Coverage:

The study covers the driving simulator market size and future growth potential across different segments such as by application, vehicle type, simulator type, training driving simulator type, end user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall driving simulator market and its sub segments.

This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

[southafricantv]

Courier services, Uber Eats and Mr D allowed under level 4 transport regulations

Picture: iStock

But just for the for supply of products allowed on the market under level 4.

Courier companies and supply companies corresponding to Uber Eats, Mr Delivery and every other related service at the moment are permitted to function between 9am and 7pm however just for the for supply of products allowed on the market under level 4.

In the case of Uber Eats and Mr Delivery Transport Minister Fikile Mbalula cautioned that they are going to be permitted “just for supply of meals, not alcohol or cigarettes.”

Additionally, as a result of the wholesale sector has been allowed to return again to service and sub-sectors such because the e-Commerce sector are allowed to commerce, it’s crucial that courier companies be allowed to function with out impunity.

“This sector is reliant on the courier companies to ship its items to clients at their houses. That contains on-line searching for gadgets corresponding to private ICT gear and different items,” added Mbalula.

Additionally, the business motion of wine is now allowed although its sale continues to be banned.

Other transport regulations that may come into impact instantly embody:

eHailing companies and metered taxis

Loading capability for metered taxis and e-hailing companies stays at 50%. A 5-seater car is permitted to hold a most of two passengers and a driver.

Buses

Buses can be allowed to transport 70% passengers of their licensed loading capability, with requisite social distancing, sporting of masks by all passenger and different mitigating measures.

Shuttle and Chauffeur Services

Shuttle and Chauffeur companies can be topic to the identical guidelines as different road-based public transport modes. Both the Shuttle and Chauffeur companies will solely be permitted for transportation of individuals enterprise important work and these financial sectors allowed to return again to work under level 4. Loading capability of 50% is equally relevant to those companies.

Charter Services

Charter companies can be topic to the identical guidelines as different road-based public transport modes. This service is simply be permitted for transportation of individuals enterprise important work. Loading capability of 50% is equally relevant to those companies.

Various corporations, notably within the mining sector, work Three shifts, leading to workers ending work exterior the permitted public transport working hours.

These corporations might make use of constitution companies. Operators of autos enterprise this service should be identifiable as such for functions of regulation enforcement.

Cross-Border Road Transport

Cross-Border street passenger motion stays prohibited. Only important cargo can be allowed to maneuver throughout our land borders. The definition of important cargo has been broadened within the Level 4 Regulations printed on 29 April 2020.

The SADC Protocol on COVID-19 is relevant. It additionally particulars the products that must be allowed by member states to maneuver throughout land borders.

Maritime Transport

In respect of maritime transport, there can be no adjustments to the instructions regulating the motion of ships. The ban on passenger vessels and cruise liners stays in place, and solely vessels bringing in cargo are allowed to name on our ports.

However, authorities will permit the motion of cargo from our sea-ports to both warehouses or closing locations as supplied for within the present guidelines.

Aviation

The ban on each home and worldwide passenger flights stays in place. However, as is already the case, the federal government will proceed to permit repatriation flights both bringing again South Africans stranded in overseas international locations or transporting overseas nationals to their house international locations.

The present approval procedures to allow departure or touchdown of such flights stays unchanged.

The easing of the lockdown to Level 4 means elevated financial exercise in sectors which are permitted to renew operations.

Due consideration can be given to the mining and agricultural sector to permit restricted motion of aircrafts, both to transport important staff by chartered aircrafts or to spray pesticides on crops. All these actions can be topic to approval and permits can be issued on a case by case foundation.

No scheduled home flights can be permitted in Level 4.

This is set by the Risk Adjusted Strategy, which guides the easing of restrictions.

Once the alert level strikes to Level 3, restricted motion of scheduled home flights can be allowed. It is simply when the nation’s alert level reaches Level 2, that authorities will totally open the nation’s airspace and permit motion of each home and worldwide flights.

Rail

With the gradual resumption of financial exercise in sure sectors and permitted motion of freight, authorities will permit the complete resumption of freight rail.

Commuter rail will resume operations step by step on an incremental foundation, primarily based on the detailed plans submitted by the passenger rail operators. Limited companies with strict measures to make sure social distancing and different mitigation measures, can be launched.

Gautrain

Gautrain operations can be step by step re-introduced in all rail-based companies, protecting eight of their 9 stations. There can be no airport service.

An applicable load issue can be utilized by all operators primarily based on their seating and standing preparations in accordance with 50% customary coach occupancy.

Gautrain will mark out areas of the station to demarcate the place to face and queue appropriately, primarily based on one passenger per sq. metre.

The Gautrain seating association will consist alternate seats to permit regulated spacing and management primarily based on common one passenger per sq. metre.

Operating workers in completion of service, will function from 5am to 12pm and 3pm with an applicable peak hour service. The final trains will depart at 6pm to clear the system by 7pm.

To permit for travelling of working workers and completion of service, the Gautrain will function from 5am to 12pm and 3pm to 8pm with an applicable peak hour service.

Maintenance workers can be permitted to maneuver in and across the system throughout curfew hours (10pm – 4am). Maintenance autos will solely be permitted to maneuver across the system in these hours solely.

Prasa

Prasa will equally undertake a gradual re-introduction of its companies primarily based on its capability to handle crowds, implement efficient social distancing and implement different mitigation measures that embody cleansing and disinfection of surfaces, trains and stations.

Prasa will undertake the obligatory testing of the rolling inventory through the Level 4 interval and solely resume with a restricted service as soon as the National Coronavirus Command Council (NCCC) declares the risk-adjustment to Level 3, with the return of the Pienaarspoort line in Tshwane and the Southern line in Cape Town.

There can be no rapid resumption of Metrorail commuter companies till we now have glad ourselves that the danger of transmission is manageable on a hall by hall foundation.

“There can be no trains on Monday, that should be completely clear,” mentioned Mbalula.

Long-distance trains are nonetheless prohibited in Level 4.

Driving Schools

Driving colleges can be permitted to renew their actions topic to efficient social distancing and sanitizing measures. Both the trainer and the learner should put on face masks always.

Vehicle Services

Servicing of autos of personnel performing emergency companies is permitted under Level 4. This additionally contains the importation of spares for service functions and for manufacturing. Emergency spares are additionally allowed to be on sale.

Repairs and fitments to autos utilized for emergency and important companies is permitted.

Emergency companies & roadside help

Emergency companies and roadside help companies for all are allowed. This additionally contains towing companies and assist with the breakdown of autos.

Drivers’ Licence Testing Centres (DLTC) and car testing centres

Drivers’ Licence Testing Centres (DLTC)  and car testing centres will step by step re-open for important service staff to resume their drivers’ and car licenses.

The opening of the DLTCs can be staggered as soon as inspection and verification of the state of readiness is completed on all of them. The Metro primarily based DLTCs can be opened first from 1 June 2020.

Government will difficulty instructions to restrict the every day numbers of individuals that may be attended to, whereas proscribing bookings to on-line platforms.

“Going ahead, we’re dedicated to redesigning enterprise fashions, make larger use of synthetic intelligence, digital channels, telecommuting, redesign transport and logistic norms and practices, sanitizing, social distancing, introduce new social norms and practices on masks, gloves, PPEs, clear screens, in addition to human contact (that’s no handshakes, no hugging, no pecking/kissing, and guarantee minimal contact).”

�� Minister Fikile Mbalula briefs the media on COVID-19 lockdown regulations and directives associated to transport

Posted by South African Government on Friday, 1 May 2020

For extra information your method, Orignaly Published on https://citizen.co.za  and 

live at 2020-05-01 17:16:19

The post Courier services, Uber Eats and Mr D allowed under level 4 transport regulations appeared first on Channels24.

source https://channels24.co.za/courier-services-uber-eats-and-mr-d-allowed-under-level-4-transport-regulations-watch-video.html

[nicholas1gibson-blog]

ECO 405 Week 10 Quiz – Strayer

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 Quiz 9 Chapter 13

 Unemployment And Inflation: Can We Find A Balance?

  Multiple Choice Questions  

1. A Person Is Considered Unemployed If The Person Is  A. Seeking A Job Requiring Greater Qualifications Than The Person Possesses And No One Is Willing To Hire The Person For Such A Job B. Offered A Job For Which The Person Is Qualified But Prefers Not To Work C. Qualified For A Job, Willing To Work, But Unable To Find Work For Over 30 Days D. Out Of School During Christmas Vacation And Cannot Find Work During That Period E. All Of The Above

 2. Which Of The Following People Is Considered Unemployed?  A. A Truck Driver With A High School Education Who Has Been Laid Off His Job And Is Now Training To Be A Computer Programmer B. An Individual Who Is Currently Not Working Nor Actively Seeking Employment C. A Secretary Who Is Currently Not Working And Who Seeks Employment Using Secretarial Skills D. All Of The Above E. None Of The Above

 3. An Auto Factory Worker Who Is Unemployed Because A Robot Now Has His Job Is A Victim Of  A. Structural Unemployment B. Cyclical Unemployment C. Underemployment D. Frictional Unemployment E. Seasonal Unemployment

 4. Which Of The Following Individuals Is Considered Part Of The Labor Force?  A. An Unemployed Farmer B. A College Graduate Looking For His First Job C. A Retired Teacher Working As A Sales Clerk D. A Department Store Santa During December E. All Of The Above

 5. When Individuals Want To Work, But Give Up Looking For A Job Because They Feel There Will Never Be One Available, They Are Considered  A. Pessimistic B. Lazy C. Discouraged D. Part Of The Labor Force E. Unemployed

 6. Which Of The Following Individuals Is Part Of The Labor Force?  A. A 15-Year-Old Worker At A Fast Food Restaurant B. A Paid Prison Worker At The Prison Carpentry Shop C. A College Student Attending School Full-Time D. A Stay-At-Home Dad E. None Of The Above

  7. The Unemployment Rate  A. For Blacks Is Roughly Twice The Rate For Whites B. For Women Is Lower Than That Of Men C. For Teenagers Is Below The Rate For The Labor Force As A Whole D. Is Equal For Males And Females, Blacks And Whites, And Young And Old Workers E. Is None Of The Above

 8. Technological Change In An Industry That Historically Required Specific Labor Skills Will Lead To  A. Frictional Unemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. No Changes In Unemployment

 9. People Who Are In The Process Of Changing Jobs Are Classified In The Category Of  A. Frictional Unemployment B. Involuntary Unemployment C. Structural Unemployment D. Cyclical Unemployment E. Seasonal Unemployment

 10. A College Graduate Looking For Her First Job Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 11. A Farmer Who Has Lost His Farm Due To Increased Agricultural Productivity Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 12. A Factory Worker Who Loses A Job Because Of A Decrease In Aggregate Demand Is  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 13. The Full-Employment Unemployment Rate Is  A. 0 B. Inconsistent With Price Stability C. The Rate That Reflects Cyclical Unemployment D. 10% E. None Of The Above

 14. Between 1960 And 2011, The Unemployment Rate Has  A. Steadily Increased B. Steadily Fallen C. Been Below 6% Over The Entire Period D. Ranged From 1% To 12% E. None Of The Above

 15. Unemployment Rates Tend To Rise When  A. Inflation Rates Rise B. Aggregate Demand Is High C. The Economy Goes Through An Expansion D. There Is A Recession E. Interest Rates Are Low

 16. A Major Cause Of Involuntary Unemployment Is  A. A Wage Rate Below Equilibrium B. Not Enough Demand For Labor C. Too Much Supply Of Labor D. Laziness E. A Wage Rate Above Equilibrium

 17. The Unemployment Rate Will Not Fall To Zero Because Of  A. Cyclical Unemployment B. Frictional Unemployment C. Welfare D. Voluntary Unemployment E. All Of The Above

 18. Which Of The Following Types Of Unemployment Is Considered Long-Term, Hardcore Unemployment?  A. Cyclical B. Structural C. Frictional D. Seasonal E. None Of The Above

 19. A Poorly Educated, Unskilled Teenager Currently Unemployed Is An Example Of  A. Frictional Unemployment B. Cyclical Unemployment C. Structural Unemployment D. Seasonal Unemployment E. None Of The Above

 20. People Who Are Unemployed Due To A Downturn In Economic Activity Are Classified In The Category Of  A. Frictional Unemployment B. Structural Unemployment C. Seasonal Unemployment D. Cyclical Unemployment E. Voluntary Unemployment

 21. When General Motors Lays Workers Off Because Of A Decrease In Aggregate Demand, It Causes  A. Cyclical Unemployment B. Frictional Unemployment C. Seasonal Unemployment D. Structural Unemployment E. None Of The Above

 22. Unemployment Below The Full Employment Rate Is A Measure Of  A. Underemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. None Of The Above

 23. The Highest Unemployment Rate Is Found Among  A. People Between The Ages Of 16 And 19 B. Females C. Ethnic Groups D. The Elderly E. Children

 24. Which Of The Following Best Describes When The Economy Is Experiencing Inflation? When  A. The Price Of An Essential Good Increases Dramatically B. The Prices Of Many Goods Go Up C. There Is A Rise In The General Level Of Prices D. All Prices Remain The Same Or Increase; No Prices Fall E. The Value Of The Dollar Increases

 25. Which Price Index Is Also Known As The Cost-Of-Living Index?  A. Consumer Price Index B. Wholesale Price Index C. Implicit Price Deflator D. Gdp Deflator E. All Of The Above

 26. If Inflation Is Not Observable In The Form Of Rising Prices, It Is Called  A. Suppressed B. Repressed C. Deflation D. Dynamic E. None Of The Above

 27. Price Index Numbers For A Series Of Years Show  A. If Money Gdp Is Growing B. If Real Gdp Is Growing C. If All Prices Are Rising D. The Average Price Level For Each Year As A Percentage Of The Base Year E. None Of The Above

28. If The Consumer Price Index Is 100 In 2010 And Is 120 In 2012, Then The Rate Of Inflation Between 2010 And 2012 Is  A. 10% B. 20% C. 15% D. 5% E. Unable To Be Calculated Without Further Information

 29. The Best Description Of The Growth Of The Money Supply Since 1960 Is That It Has  A. Increased Steadily B. Increased Rapidly During The 1980's C. Decreased Steadily D. Decreased Rapidly During The 1960's E. Shown Patterns Of Both Fast And Slow Growth Over The Decades

 30. When Inflation Redistributes Income From One Group In The Economy To Another, It Is An Example Of Which Effect?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 31. If Inflation Causes The Demand For Houses To Increase More Rapidly Than The Demand For Other Goods, The Economy Has Experienced Which Effect Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 32. If Inflation Stimulates Production And Employment, The Economy Experiences Which Of The Following Effects Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 33. Which Of The Following Is Most Likely Be Hurt By Inflation?  A. People On Fixed Incomes B. People Whose Wages Rise Faster Than Prices C. Landholders D. Borrowers E. None Of The Above

 34. Suppose A Family Spends $20,000 On A Basket Of Goods In 2011. Suppose The Same Basket Costs $22,000 In 2012. Using 2011 As The Base Year, The Price Index For 2012 Is  A. 105 B. 102 C. 111 D. 110 E. None Of The Above

 35. The Effect Of Inflation On Production And Employment Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. Fiscal Policy

 36. Federal Income Taxes Are Levied On The Basis Of Nominally Stated Tax Brackets, And There Is A Nominal Upward Adjustment In Salaries And Wages During Inflation. Therefore, What Is Of Federal Tax Collections During Inflation? They Will  A. Decrease In Both Real And Nominal Terms B. Increase In Both Real And Nominal Terms C. Increase In Real Terms D. Increase In Nominal Terms E. Stay The Same

 37. Which Of The Following Statements Is Correct? Inflation A. Benefits Creditors At The Expense Of Debtors B. Increases The Purchasing Power Of The Dollar C. Increases The Real Value Of Savings D. Arbitrarily "Taxes" Fixed Income Groups E. Increases Real Wages

 38. The Effects Of Inflation On The Distribution Of Income Are Called A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

 39. The Effect That Inflation Has On The Allocation Of Resources Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

40. In The Circular Flow Diagram, Economic Units Are Classified As  A. Imports And Exports B. Households And Producers C. Taxpayers And Governments D. Subsidy Receivers And Taxpayers E. Producers And Sellers

41. The Circular Flow Of Economic Activity Developed In The Text Is A Model Of The  A. Flow Of Goods, Resources, Payments And Expenditures Between The Sectors Of The Economy B. Influence Of Government On Business Behavior C. Influence Of Business On Consumers D. Role Of Unions And Government In The Economy E. Interaction Among Taxes, Prices, And Profits

42. Which Of The Following Statements Concerning The Circular Flow Is  ?  A. The Circular Flow Of Economic Activity Shows How The Overall Economy Operates B. The Circular Flow Emphasizes The Independence Of Economic Variables C. There Are Two Circular Flows Involved In The Economy D. The Circular Flow Shows That Real Income Is Determined By Physical Goods And Services Produced In The Economy E. None Of The Above

43. Aggregate Demand A. Represents The Sum Of The Demands By All Purchasers Of Goods And Services In An Economy B. Is Comprised Of The Purchases Of Goods And Services Only By Consumers C. Excludes Imports And Exports D. Assumes That Governments Do Not Purchase Goods And Services E. None Of The Above

44.  The Aggregate Demand Curve Will Shift To The Right

A. When The Government Raises Taxes B. If Investors Reduce Their Purchases Of Plant And Equipment C. If Consumer Confidence Increases D. If Prices Fall E. None Of The Above

 45.  The Marginal Propensity To Consume Is

A.  Consumption Divided By Income

B.  The Change In Consumption

C.  The Change In Consumption Divided By The Change In Income

D.  Unaffected By Changes In Income

E.  All Of The Above

  46.  The Marginal Propensity To Consume Plus The Marginal Propensity To Save

A.  Represents What Happens As A Result Of Income Changes

B.  Must Always Sum To 1

C.  Must Always Sum To 0

D.  A And B

E.  None Of The Above

  47.  Investment Spending Is Sensitive To

A.  Interest Rates

B.  Expectations By Producers About The Return On Investment

C.  The Confidence Of Investors

D.  All Of The Above

E.  None Of The Above

  48.  A Trade Deficit Will Occur In An Economy

A.  When Spending Exceeds Income

B.  When The Value Of Exports Exceeds The Value Of Imports

C.  When The Value Of Exports Is Less Than The Value Of Imports

D.  When An Economy Is Expanding

E.  When An Economy Is In Recession

49. Assuming A Marginal Propensity To Consume Three-Fourths, The Spending Multiplier Is  A. 1 B. 2 C. 3 D. 4 E. None Of The Above

 50. Assume That The Spending Multiplier Is 3. The Government Has Decided To Purchase New Computers To Improve Productivity And Will Spend $50 Billion On The Computer Equipment.  The Resulting Increase In National Income Will Be  A. Zero B. $200 Billion C. $100 Billion D. $150 Billion E. It Cannot Be Determined

  51. The Determinants Of Aggregate Supply Are  A. Resources, Prices, And Technology B. Interest Rates C. Consumer Wealth D. Real Income E. All Of The Above

 52. Ameeta Spends $400 When Her Income Is $500. When She Receives A $100 Raise (Bringing Her Total Income To $600), She Spends $480. Her Mpc Is  A. 0.4 B. 0.5 C. 0.6 D. 0.8 E. 1.0

 53. The Psychological Law Of Consumption Tells Us The Marginal Propensity To Consume Will Be  A. Less Than 0 B. Greater Than 0 But Less Than 1 C. Equal To 1 D. Greater Than 1 But Less Than 10 E. Greater Than 10

 54. If The Mpc Is 0.8, The Spending Multiplier Equals  A. 0.2 B. 0.8 C. 1.25 D. 5.0 E. 8.0

 55. If The Mps Is .4, The Spending Multiplier Equals  A. 0.4 B. 0.6 C. 1.67 D. 2.5 E. 4.0

56. Which Of The Following Is A Component Of Aggregate Demand?  A. Consumption B. Investment C. Government Spending D. Exports And Imports E. All Of The Above

    Questions 57 - 62 Refer To The Graph Below.

   57. Given Short Run Aggregate Supply S0, What Level Of Aggregate Demand Is Necessary For The Economy To Reach Full Employment?  A. Lower Than D1 B. D0 C. D1 D. D2 E. Higher Than D2

 58. Given D0 And S0, An Increase In Aggregate Demand Would Lead To Which Of The Following?  A. Higher Unemployment B. Lower Unemployment C. Inflation D. Deflation E. Recession

 59. Given S1 And D1, Which Of The Following Changes Reduces Unemployment? A Shift To  A. D0 B. D2 C. S0 D. All Of The Above E. None Of The Above

 60. Which Of The Following Would Cause A Shift From D1 To D2?  A. An Increase In Investment B. A Decrease In Consumption C. An Increase In Imports D. An Increase In Saving E. All Of The Above

  61. Which Of The Following Would Cause A Shift From S1 To S0?  A. A Decrease In Resource Prices B. An Decrease In Unemployment C. An Increase In The Price Of Labor D. An Increase In Consumption E. All Of The Above

  62. Demand-Pull Inflation Is Illustrated By A Movement From  A. S0 To S1 B. S1 To S0 C. D0 To D2 D. D1 To D0 E. Q1 To Q0

63. If The Economy Is Initially At Full Employment, An Increase In Aggregate Demand Will Result In  A. Demand-Pull Inflation B. Profit-Push Inflation C. Cost-Push Inflation D. Unemployment E. Underemployment

 64. To Expand The Level Of Economic Activity, It Is Necessary That  A. Total Leakages Exceed Total Injections B. Government Expenditures Exceed Tax Collections C. Total Injections Exceed Total Leakages D. Imports Exceed Exports E. (C) And (D) Above

 65. Leakages In The Circular Flow Consist Of  A. Savings, Taxes, And Exports B. Savings, Investment, And Exports C. Government Spending, Investment, And Exports D. Savings, Taxes, And Imports E. Investment, Taxes, And Imports

 66. Injections In The Circular Flow Consist Of  A. Savings, Exports, And Investments B. Savings, Exports, And Taxes C. Government Spending, Savings, And Exports D. Government Spending, Investment, And Exports E. None Of The Above

 67. Aggregate Supply Can Be Increased By  A. Reduced Incentives To Save

B. Higher Taxes

C. Increases In Government Spending

D. Policies To Induce More Saving

E. None Of The Above

 68. The Phillips Curve Depicts The Relationship Between  A. Output And Inflation B. Savings And Investment C. Unemployment And Inflation D. Imports And Exports E. None Of The Above

 69. Economists In The 1960s Believed That The Phillips Curve Relationship Would  A. Allow Governments To End Inflation B. Provide Governments A Means To Control Recessions C.  Discourage Imports D.  Provide Policies That Would Trade Off Unemployment For Inflation E. None Of The Above

 70. Economic Policy Makers In The 1960s Held That Governments Could  A. Engage In Expansionary And Contractionary Policies To Manage The Economy B. Spend Their Way Out Of Business Cycles C. Eliminate Unemployment D. Choose How Much To Produce E. None Of The Above

 71. After The Events Of The 1970s, Economists Learned That A. Attempts To Trade Off Unemployment And Inflation Would Only Work For A Short Period Of Time B. Shocks To The Aggregate Supply Could Alter The Relationships Between Unemployment And Inflation C. The Phillips Curve Relationship Was Not Stable D. The Phillips Curve Shifted Over Time E. All Of The Above

72. By How Much Must Investment Spending Increase To Increase Output By $500 If The Mpc Is 0.8?  A. $100 B. $300 C. $400 D. $500 E. More Than $500

 73. A Useful Measure Of The Size Of The Workforce, That Is, The Number Of Individuals Who Are Willing And Able To Work, Is  A. The Current Population Survey B. The Unemployment Rate C. The Rate Of Job Growth D. The Labor Force Participation Rate E. There Are No Useful Measures Of This Information, Due To The Difficulties Of Gathering The Sample

 74. In An Economy Like That Of The Us, Due To A Variety Of Institutional And Social Factors, Wages Tend To Be  A. Very Flexible B. Flexible During Recessions C. Highly Rigid D. Affected Only By Congressional Legislation E. Sticky

 75. Which Of The Following Factors In An Economy Contribute To “Sticky” Wages?  A. Flexible Working Conditions B. Competitive Labor Markets C. Collective Bargaining Agreements D. Highly Mobile Capital Equipment E. Investment Flexibility

        True / False Questions

 76. Unemployment Affects Both The Current And Future Production Of Goods And Services. 

 77. If Leakages Exceed Injections, Unemployment Will Result. 

 78. Involuntary Unemployment Occurs When Wage Rates Are Too Low, I.E., Below Competitive Levels. 

 79. Cyclical Unemployment Is Due Primarily To A Decline In Aggregate Supply. 

 80. Structural Unemployment Results From People Changing Jobs. 

 81. Frictional Unemployment Refers To Persons Who Are Unemployed Because The Economy Is In A Recession. 

 82. As An Economy Approaches Full Employment, Real Output Declines. 

 83. Frictional Unemployment Is A Long-Run Event For Particular Individuals. 

 84. The Unemployment Rate Is The Same For All Demographic Groups. 

 85. Full Employment Means That Everyone In The Labor Force Has A Job. 

 86. An Equilibrium Level Of National Income Implies The Economy Is Operating At Full Employment. 

 87. Frictional Unemployment Is Involuntary. 

 88. Structural Unemployment Results From The Economy Experiencing A Recession. 

 89. Cyclical Unemployment Occurs Because Workers Have No Marketable Job Skills. 

 90. A Certain Amount Of Frictional And Structural Unemployment Occurs Even At Full Employment. 

 91. Frictional Unemployment Can Be Reduced By Education And Training. 

 92. An Economy Reaches Full Employment When There Is No Cyclical Unemployment. 

 93. Full Employment May Be Reached Even Though There Is Frictional And Structural Unemployment. 

 94. Structural Unemployment Is A Long Run Event For Particular Individuals. 

 95. Frictional Unemployment Could Be Reduced By Decreasing The Minimum Wage. 

 96. All Unemployed Workers Are Unemployed For The Same Reason. 

 97. Cyclical Unemployment Is Involuntary. 

 98. When Frictional Unemployment Exists, Labor Services Are Voluntarily Unemployed. 

 99. As A Group, Women Suffer From The Highest Unemployment Rate. 

 100. The Lowest Unemployment Rate Is Found For Those Between The Ages Of 16 And 19. 

 101. Economic Growth Or Improved Technology Would Be Shown On An Aggregate Demand - Aggregate Supply Diagram As An Increase In Ad, As Remaining Constant. 

 102. An Increase In Government Purchases Financed By An Equal Increase In Tax Collections Will Increase National Income. 

 103. An Increase In The Marginal Propensity To Consume Will Increase The Size Of The Multiplier. 

 104. The Marginal Propensity To Consume Is Usually Greater Than One. 

 105. An Increase In Trade Deficit Will Increase Unemployment In The U.S. 

 106. An Increase In The Federal Budget Deficit Will Increase Unemployment. 

 107. An Increase In Imports Would Expand The Level Of Employment. 

 108. The Ad-As Relationship Is Not Affected By Circular Flow Relationships. 

 109. Inflation Means That Prices Are Too High. 

 110. A Price Index Shows The Absolute Changes In Price That Occur Over Time In A List Of Different Products And Services. 

 111. If The Economy Is Operating At A Less-Than-Full Employment Level, An Increase In Aggregate Demand May Result In An Increase In The Price Level As Well As An Increase In The Level Of Employment. 

 112. Inflation May Affect The Distribution Of Income In The Economy And May Increase National Output. 

 113. Inflation Is Not Equitable Because It Arbitrarily Changes The Pattern Of Income Distribution. 

 114. The Consumer Price Index Is A  Cost-Of-Living Index. 

 115. Demand-Pull Inflation Ends Once Full Employment Is Reached. 

 116. During Inflation, Some Prices May Be Rising And Some May Be Falling. 

 117. The Effects Of Inflation On Resource Allocation Are The Equity Effects Of Inflation. 

 118. Inflation May Have A Stimulating Effect On Production And Employment. 

 119.  The Labor Force Participation Rate Has Been Steadily Increasing In Recent Years.

  120.  Unemployment Rates Since 2007 Have Increased Due To Rising Structural Unemployment.  

 121.  Since 1960, Inflation Rates Were Highest During The 1970s.  

  122.  When A Phillips Curve Is Drawn, It Shows An Inverse Relationship Between Inflation And Unemployment Rates.

   123.  The Phillips Curve Is Another Name For A Production Possibilities Curve.

   124.  The Phillips Curve Has Displayed A Stable Relationship Between Inflation And Unemployment Since The 1960s.

   125.  Expansionary And Contractionary Policies Have Not Proved To Be Effective Tools To Control Unemployment And Inflation In The American Economy.

   126.  The Oil Embargo During The Early 1970s Showed How Stable The Relationship Is Between Unemployment And Inflation Rates.

   127. Shifts In The Aggregate Supply Function Can Cause Shifts In The Phillips Curve.

   128.  The Relationship Shown By The Phillips Curve, Which Implies A Tradeoff Between Inflation And Unemployment Rates, Is A Long-Run Phenomenon.

[raefontenot-blog]

ECO 405 Week 10 Quiz – Strayer

Click on the Link Below to Purchase A+ Graded Course Material

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 Quiz 9 Chapter 13

 Unemployment And Inflation: Can We Find A Balance?

  Multiple Choice Questions  

1. A Person Is Considered Unemployed If The Person Is  A. Seeking A Job Requiring Greater Qualifications Than The Person Possesses And No One Is Willing To Hire The Person For Such A Job B. Offered A Job For Which The Person Is Qualified But Prefers Not To Work C. Qualified For A Job, Willing To Work, But Unable To Find Work For Over 30 Days D. Out Of School During Christmas Vacation And Cannot Find Work During That Period E. All Of The Above

 2. Which Of The Following People Is Considered Unemployed?  A. A Truck Driver With A High School Education Who Has Been Laid Off His Job And Is Now Training To Be A Computer Programmer B. An Individual Who Is Currently Not Working Nor Actively Seeking Employment C. A Secretary Who Is Currently Not Working And Who Seeks Employment Using Secretarial Skills D. All Of The Above E. None Of The Above

 3. An Auto Factory Worker Who Is Unemployed Because A Robot Now Has His Job Is A Victim Of  A. Structural Unemployment B. Cyclical Unemployment C. Underemployment D. Frictional Unemployment E. Seasonal Unemployment

 4. Which Of The Following Individuals Is Considered Part Of The Labor Force?  A. An Unemployed Farmer B. A College Graduate Looking For His First Job C. A Retired Teacher Working As A Sales Clerk D. A Department Store Santa During December E. All Of The Above

 5. When Individuals Want To Work, But Give Up Looking For A Job Because They Feel There Will Never Be One Available, They Are Considered  A. Pessimistic B. Lazy C. Discouraged D. Part Of The Labor Force E. Unemployed

 6. Which Of The Following Individuals Is Part Of The Labor Force?  A. A 15-Year-Old Worker At A Fast Food Restaurant B. A Paid Prison Worker At The Prison Carpentry Shop C. A College Student Attending School Full-Time D. A Stay-At-Home Dad E. None Of The Above

  7. The Unemployment Rate  A. For Blacks Is Roughly Twice The Rate For Whites B. For Women Is Lower Than That Of Men C. For Teenagers Is Below The Rate For The Labor Force As A Whole D. Is Equal For Males And Females, Blacks And Whites, And Young And Old Workers E. Is None Of The Above

 8. Technological Change In An Industry That Historically Required Specific Labor Skills Will Lead To  A. Frictional Unemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. No Changes In Unemployment

 9. People Who Are In The Process Of Changing Jobs Are Classified In The Category Of  A. Frictional Unemployment B. Involuntary Unemployment C. Structural Unemployment D. Cyclical Unemployment E. Seasonal Unemployment

 10. A College Graduate Looking For Her First Job Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 11. A Farmer Who Has Lost His Farm Due To Increased Agricultural Productivity Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 12. A Factory Worker Who Loses A Job Because Of A Decrease In Aggregate Demand Is  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 13. The Full-Employment Unemployment Rate Is  A. 0 B. Inconsistent With Price Stability C. The Rate That Reflects Cyclical Unemployment D. 10% E. None Of The Above

 14. Between 1960 And 2011, The Unemployment Rate Has  A. Steadily Increased B. Steadily Fallen C. Been Below 6% Over The Entire Period D. Ranged From 1% To 12% E. None Of The Above

 15. Unemployment Rates Tend To Rise When  A. Inflation Rates Rise B. Aggregate Demand Is High C. The Economy Goes Through An Expansion D. There Is A Recession E. Interest Rates Are Low

 16. A Major Cause Of Involuntary Unemployment Is  A. A Wage Rate Below Equilibrium B. Not Enough Demand For Labor C. Too Much Supply Of Labor D. Laziness E. A Wage Rate Above Equilibrium

 17. The Unemployment Rate Will Not Fall To Zero Because Of  A. Cyclical Unemployment B. Frictional Unemployment C. Welfare D. Voluntary Unemployment E. All Of The Above

 18. Which Of The Following Types Of Unemployment Is Considered Long-Term, Hardcore Unemployment?  A. Cyclical B. Structural C. Frictional D. Seasonal E. None Of The Above

 19. A Poorly Educated, Unskilled Teenager Currently Unemployed Is An Example Of  A. Frictional Unemployment B. Cyclical Unemployment C. Structural Unemployment D. Seasonal Unemployment E. None Of The Above

 20. People Who Are Unemployed Due To A Downturn In Economic Activity Are Classified In The Category Of  A. Frictional Unemployment B. Structural Unemployment C. Seasonal Unemployment D. Cyclical Unemployment E. Voluntary Unemployment

 21. When General Motors Lays Workers Off Because Of A Decrease In Aggregate Demand, It Causes  A. Cyclical Unemployment B. Frictional Unemployment C. Seasonal Unemployment D. Structural Unemployment E. None Of The Above

 22. Unemployment Below The Full Employment Rate Is A Measure Of  A. Underemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. None Of The Above

 23. The Highest Unemployment Rate Is Found Among  A. People Between The Ages Of 16 And 19 B. Females C. Ethnic Groups D. The Elderly E. Children

 24. Which Of The Following Best Describes When The Economy Is Experiencing Inflation? When  A. The Price Of An Essential Good Increases Dramatically B. The Prices Of Many Goods Go Up C. There Is A Rise In The General Level Of Prices D. All Prices Remain The Same Or Increase; No Prices Fall E. The Value Of The Dollar Increases

 25. Which Price Index Is Also Known As The Cost-Of-Living Index?  A. Consumer Price Index B. Wholesale Price Index C. Implicit Price Deflator D. Gdp Deflator E. All Of The Above

 26. If Inflation Is Not Observable In The Form Of Rising Prices, It Is Called  A. Suppressed B. Repressed C. Deflation D. Dynamic E. None Of The Above

 27. Price Index Numbers For A Series Of Years Show  A. If Money Gdp Is Growing B. If Real Gdp Is Growing C. If All Prices Are Rising D. The Average Price Level For Each Year As A Percentage Of The Base Year E. None Of The Above

28. If The Consumer Price Index Is 100 In 2010 And Is 120 In 2012, Then The Rate Of Inflation Between 2010 And 2012 Is  A. 10% B. 20% C. 15% D. 5% E. Unable To Be Calculated Without Further Information

 29. The Best Description Of The Growth Of The Money Supply Since 1960 Is That It Has  A. Increased Steadily B. Increased Rapidly During The 1980's C. Decreased Steadily D. Decreased Rapidly During The 1960's E. Shown Patterns Of Both Fast And Slow Growth Over The Decades

 30. When Inflation Redistributes Income From One Group In The Economy To Another, It Is An Example Of Which Effect?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 31. If Inflation Causes The Demand For Houses To Increase More Rapidly Than The Demand For Other Goods, The Economy Has Experienced Which Effect Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 32. If Inflation Stimulates Production And Employment, The Economy Experiences Which Of The Following Effects Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 33. Which Of The Following Is Most Likely Be Hurt By Inflation?  A. People On Fixed Incomes B. People Whose Wages Rise Faster Than Prices C. Landholders D. Borrowers E. None Of The Above

 34. Suppose A Family Spends $20,000 On A Basket Of Goods In 2011. Suppose The Same Basket Costs $22,000 In 2012. Using 2011 As The Base Year, The Price Index For 2012 Is  A. 105 B. 102 C. 111 D. 110 E. None Of The Above

 35. The Effect Of Inflation On Production And Employment Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. Fiscal Policy

 36. Federal Income Taxes Are Levied On The Basis Of Nominally Stated Tax Brackets, And There Is A Nominal Upward Adjustment In Salaries And Wages During Inflation. Therefore, What Is Of Federal Tax Collections During Inflation? They Will  A. Decrease In Both Real And Nominal Terms B. Increase In Both Real And Nominal Terms C. Increase In Real Terms D. Increase In Nominal Terms E. Stay The Same

 37. Which Of The Following Statements Is Correct? Inflation A. Benefits Creditors At The Expense Of Debtors B. Increases The Purchasing Power Of The Dollar C. Increases The Real Value Of Savings D. Arbitrarily "Taxes" Fixed Income Groups E. Increases Real Wages

 38. The Effects Of Inflation On The Distribution Of Income Are Called A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

 39. The Effect That Inflation Has On The Allocation Of Resources Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

40. In The Circular Flow Diagram, Economic Units Are Classified As  A. Imports And Exports B. Households And Producers C. Taxpayers And Governments D. Subsidy Receivers And Taxpayers E. Producers And Sellers

41. The Circular Flow Of Economic Activity Developed In The Text Is A Model Of The  A. Flow Of Goods, Resources, Payments And Expenditures Between The Sectors Of The Economy B. Influence Of Government On Business Behavior C. Influence Of Business On Consumers D. Role Of Unions And Government In The Economy E. Interaction Among Taxes, Prices, And Profits

42. Which Of The Following Statements Concerning The Circular Flow Is  ?  A. The Circular Flow Of Economic Activity Shows How The Overall Economy Operates B. The Circular Flow Emphasizes The Independence Of Economic Variables C. There Are Two Circular Flows Involved In The Economy D. The Circular Flow Shows That Real Income Is Determined By Physical Goods And Services Produced In The Economy E. None Of The Above

43. Aggregate Demand A. Represents The Sum Of The Demands By All Purchasers Of Goods And Services In An Economy B. Is Comprised Of The Purchases Of Goods And Services Only By Consumers C. Excludes Imports And Exports D. Assumes That Governments Do Not Purchase Goods And Services E. None Of The Above

44.  The Aggregate Demand Curve Will Shift To The Right

A. When The Government Raises Taxes B. If Investors Reduce Their Purchases Of Plant And Equipment C. If Consumer Confidence Increases D. If Prices Fall E. None Of The Above

 45.  The Marginal Propensity To Consume Is

A.  Consumption Divided By Income

B.  The Change In Consumption

C.  The Change In Consumption Divided By The Change In Income

D.  Unaffected By Changes In Income

E.  All Of The Above

  46.  The Marginal Propensity To Consume Plus The Marginal Propensity To Save

A.  Represents What Happens As A Result Of Income Changes

B.  Must Always Sum To 1

C.  Must Always Sum To 0

D.  A And B

E.  None Of The Above

  47.  Investment Spending Is Sensitive To

A.  Interest Rates

B.  Expectations By Producers About The Return On Investment

C.  The Confidence Of Investors

D.  All Of The Above

E.  None Of The Above

  48.  A Trade Deficit Will Occur In An Economy

A.  When Spending Exceeds Income

B.  When The Value Of Exports Exceeds The Value Of Imports

C.  When The Value Of Exports Is Less Than The Value Of Imports

D.  When An Economy Is Expanding

E.  When An Economy Is In Recession

49. Assuming A Marginal Propensity To Consume Three-Fourths, The Spending Multiplier Is  A. 1 B. 2 C. 3 D. 4 E. None Of The Above

 50. Assume That The Spending Multiplier Is 3. The Government Has Decided To Purchase New Computers To Improve Productivity And Will Spend $50 Billion On The Computer Equipment.  The Resulting Increase In National Income Will Be  A. Zero B. $200 Billion C. $100 Billion D. $150 Billion E. It Cannot Be Determined

  51. The Determinants Of Aggregate Supply Are  A. Resources, Prices, And Technology B. Interest Rates C. Consumer Wealth D. Real Income E. All Of The Above

 52. Ameeta Spends $400 When Her Income Is $500. When She Receives A $100 Raise (Bringing Her Total Income To $600), She Spends $480. Her Mpc Is  A. 0.4 B. 0.5 C. 0.6 D. 0.8 E. 1.0

 53. The Psychological Law Of Consumption Tells Us The Marginal Propensity To Consume Will Be  A. Less Than 0 B. Greater Than 0 But Less Than 1 C. Equal To 1 D. Greater Than 1 But Less Than 10 E. Greater Than 10

 54. If The Mpc Is 0.8, The Spending Multiplier Equals  A. 0.2 B. 0.8 C. 1.25 D. 5.0 E. 8.0

 55. If The Mps Is .4, The Spending Multiplier Equals  A. 0.4 B. 0.6 C. 1.67 D. 2.5 E. 4.0

56. Which Of The Following Is A Component Of Aggregate Demand?  A. Consumption B. Investment C. Government Spending D. Exports And Imports E. All Of The Above

    Questions 57 - 62 Refer To The Graph Below.

   57. Given Short Run Aggregate Supply S0, What Level Of Aggregate Demand Is Necessary For The Economy To Reach Full Employment?  A. Lower Than D1 B. D0 C. D1 D. D2 E. Higher Than D2

 58. Given D0 And S0, An Increase In Aggregate Demand Would Lead To Which Of The Following?  A. Higher Unemployment B. Lower Unemployment C. Inflation D. Deflation E. Recession

 59. Given S1 And D1, Which Of The Following Changes Reduces Unemployment? A Shift To  A. D0 B. D2 C. S0 D. All Of The Above E. None Of The Above

 60. Which Of The Following Would Cause A Shift From D1 To D2?  A. An Increase In Investment B. A Decrease In Consumption C. An Increase In Imports D. An Increase In Saving E. All Of The Above

  61. Which Of The Following Would Cause A Shift From S1 To S0?  A. A Decrease In Resource Prices B. An Decrease In Unemployment C. An Increase In The Price Of Labor D. An Increase In Consumption E. All Of The Above

  62. Demand-Pull Inflation Is Illustrated By A Movement From  A. S0 To S1 B. S1 To S0 C. D0 To D2 D. D1 To D0 E. Q1 To Q0

63. If The Economy Is Initially At Full Employment, An Increase In Aggregate Demand Will Result In  A. Demand-Pull Inflation B. Profit-Push Inflation C. Cost-Push Inflation D. Unemployment E. Underemployment

 64. To Expand The Level Of Economic Activity, It Is Necessary That  A. Total Leakages Exceed Total Injections B. Government Expenditures Exceed Tax Collections C. Total Injections Exceed Total Leakages D. Imports Exceed Exports E. (C) And (D) Above

 65. Leakages In The Circular Flow Consist Of  A. Savings, Taxes, And Exports B. Savings, Investment, And Exports C. Government Spending, Investment, And Exports D. Savings, Taxes, And Imports E. Investment, Taxes, And Imports

 66. Injections In The Circular Flow Consist Of  A. Savings, Exports, And Investments B. Savings, Exports, And Taxes C. Government Spending, Savings, And Exports D. Government Spending, Investment, And Exports E. None Of The Above

 67. Aggregate Supply Can Be Increased By  A. Reduced Incentives To Save

B. Higher Taxes

C. Increases In Government Spending

D. Policies To Induce More Saving

E. None Of The Above

 68. The Phillips Curve Depicts The Relationship Between  A. Output And Inflation B. Savings And Investment C. Unemployment And Inflation D. Imports And Exports E. None Of The Above

 69. Economists In The 1960s Believed That The Phillips Curve Relationship Would  A. Allow Governments To End Inflation B. Provide Governments A Means To Control Recessions C.  Discourage Imports D.  Provide Policies That Would Trade Off Unemployment For Inflation E. None Of The Above

 70. Economic Policy Makers In The 1960s Held That Governments Could  A. Engage In Expansionary And Contractionary Policies To Manage The Economy B. Spend Their Way Out Of Business Cycles C. Eliminate Unemployment D. Choose How Much To Produce E. None Of The Above

 71. After The Events Of The 1970s, Economists Learned That A. Attempts To Trade Off Unemployment And Inflation Would Only Work For A Short Period Of Time B. Shocks To The Aggregate Supply Could Alter The Relationships Between Unemployment And Inflation C. The Phillips Curve Relationship Was Not Stable D. The Phillips Curve Shifted Over Time E. All Of The Above

72. By How Much Must Investment Spending Increase To Increase Output By $500 If The Mpc Is 0.8?  A. $100 B. $300 C. $400 D. $500 E. More Than $500

 73. A Useful Measure Of The Size Of The Workforce, That Is, The Number Of Individuals Who Are Willing And Able To Work, Is  A. The Current Population Survey B. The Unemployment Rate C. The Rate Of Job Growth D. The Labor Force Participation Rate E. There Are No Useful Measures Of This Information, Due To The Difficulties Of Gathering The Sample

 74. In An Economy Like That Of The Us, Due To A Variety Of Institutional And Social Factors, Wages Tend To Be  A. Very Flexible B. Flexible During Recessions C. Highly Rigid D. Affected Only By Congressional Legislation E. Sticky

 75. Which Of The Following Factors In An Economy Contribute To “Sticky” Wages?  A. Flexible Working Conditions B. Competitive Labor Markets C. Collective Bargaining Agreements D. Highly Mobile Capital Equipment E. Investment Flexibility

        True / False Questions

 76. Unemployment Affects Both The Current And Future Production Of Goods And Services. 

 77. If Leakages Exceed Injections, Unemployment Will Result. 

 78. Involuntary Unemployment Occurs When Wage Rates Are Too Low, I.E., Below Competitive Levels. 

 79. Cyclical Unemployment Is Due Primarily To A Decline In Aggregate Supply. 

 80. Structural Unemployment Results From People Changing Jobs. 

 81. Frictional Unemployment Refers To Persons Who Are Unemployed Because The Economy Is In A Recession. 

 82. As An Economy Approaches Full Employment, Real Output Declines. 

 83. Frictional Unemployment Is A Long-Run Event For Particular Individuals. 

 84. The Unemployment Rate Is The Same For All Demographic Groups. 

 85. Full Employment Means That Everyone In The Labor Force Has A Job. 

 86. An Equilibrium Level Of National Income Implies The Economy Is Operating At Full Employment. 

 87. Frictional Unemployment Is Involuntary. 

 88. Structural Unemployment Results From The Economy Experiencing A Recession. 

 89. Cyclical Unemployment Occurs Because Workers Have No Marketable Job Skills. 

 90. A Certain Amount Of Frictional And Structural Unemployment Occurs Even At Full Employment. 

 91. Frictional Unemployment Can Be Reduced By Education And Training. 

 92. An Economy Reaches Full Employment When There Is No Cyclical Unemployment. 

 93. Full Employment May Be Reached Even Though There Is Frictional And Structural Unemployment. 

 94. Structural Unemployment Is A Long Run Event For Particular Individuals. 

 95. Frictional Unemployment Could Be Reduced By Decreasing The Minimum Wage. 

 96. All Unemployed Workers Are Unemployed For The Same Reason. 

 97. Cyclical Unemployment Is Involuntary. 

 98. When Frictional Unemployment Exists, Labor Services Are Voluntarily Unemployed. 

 99. As A Group, Women Suffer From The Highest Unemployment Rate. 

 100. The Lowest Unemployment Rate Is Found For Those Between The Ages Of 16 And 19. 

 101. Economic Growth Or Improved Technology Would Be Shown On An Aggregate Demand - Aggregate Supply Diagram As An Increase In Ad, As Remaining Constant. 

 102. An Increase In Government Purchases Financed By An Equal Increase In Tax Collections Will Increase National Income. 

 103. An Increase In The Marginal Propensity To Consume Will Increase The Size Of The Multiplier. 

 104. The Marginal Propensity To Consume Is Usually Greater Than One. 

 105. An Increase In Trade Deficit Will Increase Unemployment In The U.S. 

 106. An Increase In The Federal Budget Deficit Will Increase Unemployment. 

 107. An Increase In Imports Would Expand The Level Of Employment. 

 108. The Ad-As Relationship Is Not Affected By Circular Flow Relationships. 

 109. Inflation Means That Prices Are Too High. 

 110. A Price Index Shows The Absolute Changes In Price That Occur Over Time In A List Of Different Products And Services. 

 111. If The Economy Is Operating At A Less-Than-Full Employment Level, An Increase In Aggregate Demand May Result In An Increase In The Price Level As Well As An Increase In The Level Of Employment. 

 112. Inflation May Affect The Distribution Of Income In The Economy And May Increase National Output. 

 113. Inflation Is Not Equitable Because It Arbitrarily Changes The Pattern Of Income Distribution. 

 114. The Consumer Price Index Is A  Cost-Of-Living Index. 

 115. Demand-Pull Inflation Ends Once Full Employment Is Reached. 

 116. During Inflation, Some Prices May Be Rising And Some May Be Falling. 

 117. The Effects Of Inflation On Resource Allocation Are The Equity Effects Of Inflation. 

 118. Inflation May Have A Stimulating Effect On Production And Employment. 

 119.  The Labor Force Participation Rate Has Been Steadily Increasing In Recent Years.

  120.  Unemployment Rates Since 2007 Have Increased Due To Rising Structural Unemployment.  

 121.  Since 1960, Inflation Rates Were Highest During The 1970s.  

  122.  When A Phillips Curve Is Drawn, It Shows An Inverse Relationship Between Inflation And Unemployment Rates.

   123.  The Phillips Curve Is Another Name For A Production Possibilities Curve.

   124.  The Phillips Curve Has Displayed A Stable Relationship Between Inflation And Unemployment Since The 1960s.

   125.  Expansionary And Contractionary Policies Have Not Proved To Be Effective Tools To Control Unemployment And Inflation In The American Economy.

   126.  The Oil Embargo During The Early 1970s Showed How Stable The Relationship Is Between Unemployment And Inflation Rates.

   127. Shifts In The Aggregate Supply Function Can Cause Shifts In The Phillips Curve.

   128.  The Relationship Shown By The Phillips Curve, Which Implies A Tradeoff Between Inflation And Unemployment Rates, Is A Long-Run Phenomenon.

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ECO 405 Week 10 Quiz – Strayer

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 Quiz 9 Chapter 13

 Unemployment And Inflation: Can We Find A Balance?

  Multiple Choice Questions  

1. A Person Is Considered Unemployed If The Person Is  A. Seeking A Job Requiring Greater Qualifications Than The Person Possesses And No One Is Willing To Hire The Person For Such A Job B. Offered A Job For Which The Person Is Qualified But Prefers Not To Work C. Qualified For A Job, Willing To Work, But Unable To Find Work For Over 30 Days D. Out Of School During Christmas Vacation And Cannot Find Work During That Period E. All Of The Above

 2. Which Of The Following People Is Considered Unemployed?  A. A Truck Driver With A High School Education Who Has Been Laid Off His Job And Is Now Training To Be A Computer Programmer B. An Individual Who Is Currently Not Working Nor Actively Seeking Employment C. A Secretary Who Is Currently Not Working And Who Seeks Employment Using Secretarial Skills D. All Of The Above E. None Of The Above

 3. An Auto Factory Worker Who Is Unemployed Because A Robot Now Has His Job Is A Victim Of  A. Structural Unemployment B. Cyclical Unemployment C. Underemployment D. Frictional Unemployment E. Seasonal Unemployment

 4. Which Of The Following Individuals Is Considered Part Of The Labor Force?  A. An Unemployed Farmer B. A College Graduate Looking For His First Job C. A Retired Teacher Working As A Sales Clerk D. A Department Store Santa During December E. All Of The Above

 5. When Individuals Want To Work, But Give Up Looking For A Job Because They Feel There Will Never Be One Available, They Are Considered  A. Pessimistic B. Lazy C. Discouraged D. Part Of The Labor Force E. Unemployed

 6. Which Of The Following Individuals Is Part Of The Labor Force?  A. A 15-Year-Old Worker At A Fast Food Restaurant B. A Paid Prison Worker At The Prison Carpentry Shop C. A College Student Attending School Full-Time D. A Stay-At-Home Dad E. None Of The Above

  7. The Unemployment Rate  A. For Blacks Is Roughly Twice The Rate For Whites B. For Women Is Lower Than That Of Men C. For Teenagers Is Below The Rate For The Labor Force As A Whole D. Is Equal For Males And Females, Blacks And Whites, And Young And Old Workers E. Is None Of The Above

 8. Technological Change In An Industry That Historically Required Specific Labor Skills Will Lead To  A. Frictional Unemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. No Changes In Unemployment

 9. People Who Are In The Process Of Changing Jobs Are Classified In The Category Of  A. Frictional Unemployment B. Involuntary Unemployment C. Structural Unemployment D. Cyclical Unemployment E. Seasonal Unemployment

 10. A College Graduate Looking For Her First Job Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 11. A Farmer Who Has Lost His Farm Due To Increased Agricultural Productivity Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 12. A Factory Worker Who Loses A Job Because Of A Decrease In Aggregate Demand Is  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 13. The Full-Employment Unemployment Rate Is  A. 0 B. Inconsistent With Price Stability C. The Rate That Reflects Cyclical Unemployment D. 10% E. None Of The Above

 14. Between 1960 And 2011, The Unemployment Rate Has  A. Steadily Increased B. Steadily Fallen C. Been Below 6% Over The Entire Period D. Ranged From 1% To 12% E. None Of The Above

 15. Unemployment Rates Tend To Rise When  A. Inflation Rates Rise B. Aggregate Demand Is High C. The Economy Goes Through An Expansion D. There Is A Recession E. Interest Rates Are Low

 16. A Major Cause Of Involuntary Unemployment Is  A. A Wage Rate Below Equilibrium B. Not Enough Demand For Labor C. Too Much Supply Of Labor D. Laziness E. A Wage Rate Above Equilibrium

 17. The Unemployment Rate Will Not Fall To Zero Because Of  A. Cyclical Unemployment B. Frictional Unemployment C. Welfare D. Voluntary Unemployment E. All Of The Above

 18. Which Of The Following Types Of Unemployment Is Considered Long-Term, Hardcore Unemployment?  A. Cyclical B. Structural C. Frictional D. Seasonal E. None Of The Above

 19. A Poorly Educated, Unskilled Teenager Currently Unemployed Is An Example Of  A. Frictional Unemployment B. Cyclical Unemployment C. Structural Unemployment D. Seasonal Unemployment E. None Of The Above

 20. People Who Are Unemployed Due To A Downturn In Economic Activity Are Classified In The Category Of  A. Frictional Unemployment B. Structural Unemployment C. Seasonal Unemployment D. Cyclical Unemployment E. Voluntary Unemployment

 21. When General Motors Lays Workers Off Because Of A Decrease In Aggregate Demand, It Causes  A. Cyclical Unemployment B. Frictional Unemployment C. Seasonal Unemployment D. Structural Unemployment E. None Of The Above

 22. Unemployment Below The Full Employment Rate Is A Measure Of  A. Underemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. None Of The Above

 23. The Highest Unemployment Rate Is Found Among  A. People Between The Ages Of 16 And 19 B. Females C. Ethnic Groups D. The Elderly E. Children

 24. Which Of The Following Best Describes When The Economy Is Experiencing Inflation? When  A. The Price Of An Essential Good Increases Dramatically B. The Prices Of Many Goods Go Up C. There Is A Rise In The General Level Of Prices D. All Prices Remain The Same Or Increase; No Prices Fall E. The Value Of The Dollar Increases

 25. Which Price Index Is Also Known As The Cost-Of-Living Index?  A. Consumer Price Index B. Wholesale Price Index C. Implicit Price Deflator D. Gdp Deflator E. All Of The Above

 26. If Inflation Is Not Observable In The Form Of Rising Prices, It Is Called  A. Suppressed B. Repressed C. Deflation D. Dynamic E. None Of The Above

 27. Price Index Numbers For A Series Of Years Show  A. If Money Gdp Is Growing B. If Real Gdp Is Growing C. If All Prices Are Rising D. The Average Price Level For Each Year As A Percentage Of The Base Year E. None Of The Above

28. If The Consumer Price Index Is 100 In 2010 And Is 120 In 2012, Then The Rate Of Inflation Between 2010 And 2012 Is  A. 10% B. 20% C. 15% D. 5% E. Unable To Be Calculated Without Further Information

 29. The Best Description Of The Growth Of The Money Supply Since 1960 Is That It Has  A. Increased Steadily B. Increased Rapidly During The 1980's C. Decreased Steadily D. Decreased Rapidly During The 1960's E. Shown Patterns Of Both Fast And Slow Growth Over The Decades

 30. When Inflation Redistributes Income From One Group In The Economy To Another, It Is An Example Of Which Effect?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 31. If Inflation Causes The Demand For Houses To Increase More Rapidly Than The Demand For Other Goods, The Economy Has Experienced Which Effect Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 32. If Inflation Stimulates Production And Employment, The Economy Experiences Which Of The Following Effects Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 33. Which Of The Following Is Most Likely Be Hurt By Inflation?  A. People On Fixed Incomes B. People Whose Wages Rise Faster Than Prices C. Landholders D. Borrowers E. None Of The Above

 34. Suppose A Family Spends $20,000 On A Basket Of Goods In 2011. Suppose The Same Basket Costs $22,000 In 2012. Using 2011 As The Base Year, The Price Index For 2012 Is  A. 105 B. 102 C. 111 D. 110 E. None Of The Above

 35. The Effect Of Inflation On Production And Employment Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. Fiscal Policy

 36. Federal Income Taxes Are Levied On The Basis Of Nominally Stated Tax Brackets, And There Is A Nominal Upward Adjustment In Salaries And Wages During Inflation. Therefore, What Is Of Federal Tax Collections During Inflation? They Will  A. Decrease In Both Real And Nominal Terms B. Increase In Both Real And Nominal Terms C. Increase In Real Terms D. Increase In Nominal Terms E. Stay The Same

 37. Which Of The Following Statements Is Correct? Inflation A. Benefits Creditors At The Expense Of Debtors B. Increases The Purchasing Power Of The Dollar C. Increases The Real Value Of Savings D. Arbitrarily "Taxes" Fixed Income Groups E. Increases Real Wages

 38. The Effects Of Inflation On The Distribution Of Income Are Called A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

 39. The Effect That Inflation Has On The Allocation Of Resources Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

40. In The Circular Flow Diagram, Economic Units Are Classified As  A. Imports And Exports B. Households And Producers C. Taxpayers And Governments D. Subsidy Receivers And Taxpayers E. Producers And Sellers

41. The Circular Flow Of Economic Activity Developed In The Text Is A Model Of The  A. Flow Of Goods, Resources, Payments And Expenditures Between The Sectors Of The Economy B. Influence Of Government On Business Behavior C. Influence Of Business On Consumers D. Role Of Unions And Government In The Economy E. Interaction Among Taxes, Prices, And Profits

42. Which Of The Following Statements Concerning The Circular Flow Is  ?  A. The Circular Flow Of Economic Activity Shows How The Overall Economy Operates B. The Circular Flow Emphasizes The Independence Of Economic Variables C. There Are Two Circular Flows Involved In The Economy D. The Circular Flow Shows That Real Income Is Determined By Physical Goods And Services Produced In The Economy E. None Of The Above

43. Aggregate Demand A. Represents The Sum Of The Demands By All Purchasers Of Goods And Services In An Economy B. Is Comprised Of The Purchases Of Goods And Services Only By Consumers C. Excludes Imports And Exports D. Assumes That Governments Do Not Purchase Goods And Services E. None Of The Above

44.  The Aggregate Demand Curve Will Shift To The Right

A. When The Government Raises Taxes B. If Investors Reduce Their Purchases Of Plant And Equipment C. If Consumer Confidence Increases D. If Prices Fall E. None Of The Above

 45.  The Marginal Propensity To Consume Is

A.  Consumption Divided By Income

B.  The Change In Consumption

C.  The Change In Consumption Divided By The Change In Income

D.  Unaffected By Changes In Income

E.  All Of The Above

  46.  The Marginal Propensity To Consume Plus The Marginal Propensity To Save

A.  Represents What Happens As A Result Of Income Changes

B.  Must Always Sum To 1

C.  Must Always Sum To 0

D.  A And B

E.  None Of The Above

  47.  Investment Spending Is Sensitive To

A.  Interest Rates

B.  Expectations By Producers About The Return On Investment

C.  The Confidence Of Investors

D.  All Of The Above

E.  None Of The Above

  48.  A Trade Deficit Will Occur In An Economy

A.  When Spending Exceeds Income

B.  When The Value Of Exports Exceeds The Value Of Imports

C.  When The Value Of Exports Is Less Than The Value Of Imports

D.  When An Economy Is Expanding

E.  When An Economy Is In Recession

49. Assuming A Marginal Propensity To Consume Three-Fourths, The Spending Multiplier Is  A. 1 B. 2 C. 3 D. 4 E. None Of The Above

 50. Assume That The Spending Multiplier Is 3. The Government Has Decided To Purchase New Computers To Improve Productivity And Will Spend $50 Billion On The Computer Equipment.  The Resulting Increase In National Income Will Be  A. Zero B. $200 Billion C. $100 Billion D. $150 Billion E. It Cannot Be Determined

  51. The Determinants Of Aggregate Supply Are  A. Resources, Prices, And Technology B. Interest Rates C. Consumer Wealth D. Real Income E. All Of The Above

 52. Ameeta Spends $400 When Her Income Is $500. When She Receives A $100 Raise (Bringing Her Total Income To $600), She Spends $480. Her Mpc Is  A. 0.4 B. 0.5 C. 0.6 D. 0.8 E. 1.0

 53. The Psychological Law Of Consumption Tells Us The Marginal Propensity To Consume Will Be  A. Less Than 0 B. Greater Than 0 But Less Than 1 C. Equal To 1 D. Greater Than 1 But Less Than 10 E. Greater Than 10

 54. If The Mpc Is 0.8, The Spending Multiplier Equals  A. 0.2 B. 0.8 C. 1.25 D. 5.0 E. 8.0

 55. If The Mps Is .4, The Spending Multiplier Equals  A. 0.4 B. 0.6 C. 1.67 D. 2.5 E. 4.0

56. Which Of The Following Is A Component Of Aggregate Demand?  A. Consumption B. Investment C. Government Spending D. Exports And Imports E. All Of The Above

    Questions 57 - 62 Refer To The Graph Below.

   57. Given Short Run Aggregate Supply S0, What Level Of Aggregate Demand Is Necessary For The Economy To Reach Full Employment?  A. Lower Than D1 B. D0 C. D1 D. D2 E. Higher Than D2

 58. Given D0 And S0, An Increase In Aggregate Demand Would Lead To Which Of The Following?  A. Higher Unemployment B. Lower Unemployment C. Inflation D. Deflation E. Recession

 59. Given S1 And D1, Which Of The Following Changes Reduces Unemployment? A Shift To  A. D0 B. D2 C. S0 D. All Of The Above E. None Of The Above

 60. Which Of The Following Would Cause A Shift From D1 To D2?  A. An Increase In Investment B. A Decrease In Consumption C. An Increase In Imports D. An Increase In Saving E. All Of The Above

  61. Which Of The Following Would Cause A Shift From S1 To S0?  A. A Decrease In Resource Prices B. An Decrease In Unemployment C. An Increase In The Price Of Labor D. An Increase In Consumption E. All Of The Above

  62. Demand-Pull Inflation Is Illustrated By A Movement From  A. S0 To S1 B. S1 To S0 C. D0 To D2 D. D1 To D0 E. Q1 To Q0

63. If The Economy Is Initially At Full Employment, An Increase In Aggregate Demand Will Result In  A. Demand-Pull Inflation B. Profit-Push Inflation C. Cost-Push Inflation D. Unemployment E. Underemployment

 64. To Expand The Level Of Economic Activity, It Is Necessary That  A. Total Leakages Exceed Total Injections B. Government Expenditures Exceed Tax Collections C. Total Injections Exceed Total Leakages D. Imports Exceed Exports E. (C) And (D) Above

 65. Leakages In The Circular Flow Consist Of  A. Savings, Taxes, And Exports B. Savings, Investment, And Exports C. Government Spending, Investment, And Exports D. Savings, Taxes, And Imports E. Investment, Taxes, And Imports

 66. Injections In The Circular Flow Consist Of  A. Savings, Exports, And Investments B. Savings, Exports, And Taxes C. Government Spending, Savings, And Exports D. Government Spending, Investment, And Exports E. None Of The Above

 67. Aggregate Supply Can Be Increased By  A. Reduced Incentives To Save

B. Higher Taxes

C. Increases In Government Spending

D. Policies To Induce More Saving

E. None Of The Above

 68. The Phillips Curve Depicts The Relationship Between  A. Output And Inflation B. Savings And Investment C. Unemployment And Inflation D. Imports And Exports E. None Of The Above

 69. Economists In The 1960s Believed That The Phillips Curve Relationship Would  A. Allow Governments To End Inflation B. Provide Governments A Means To Control Recessions C.  Discourage Imports D.  Provide Policies That Would Trade Off Unemployment For Inflation E. None Of The Above

 70. Economic Policy Makers In The 1960s Held That Governments Could  A. Engage In Expansionary And Contractionary Policies To Manage The Economy B. Spend Their Way Out Of Business Cycles C. Eliminate Unemployment D. Choose How Much To Produce E. None Of The Above

 71. After The Events Of The 1970s, Economists Learned That A. Attempts To Trade Off Unemployment And Inflation Would Only Work For A Short Period Of Time B. Shocks To The Aggregate Supply Could Alter The Relationships Between Unemployment And Inflation C. The Phillips Curve Relationship Was Not Stable D. The Phillips Curve Shifted Over Time E. All Of The Above

72. By How Much Must Investment Spending Increase To Increase Output By $500 If The Mpc Is 0.8?  A. $100 B. $300 C. $400 D. $500 E. More Than $500

 73. A Useful Measure Of The Size Of The Workforce, That Is, The Number Of Individuals Who Are Willing And Able To Work, Is  A. The Current Population Survey B. The Unemployment Rate C. The Rate Of Job Growth D. The Labor Force Participation Rate E. There Are No Useful Measures Of This Information, Due To The Difficulties Of Gathering The Sample

 74. In An Economy Like That Of The Us, Due To A Variety Of Institutional And Social Factors, Wages Tend To Be  A. Very Flexible B. Flexible During Recessions C. Highly Rigid D. Affected Only By Congressional Legislation E. Sticky

 75. Which Of The Following Factors In An Economy Contribute To “Sticky” Wages?  A. Flexible Working Conditions B. Competitive Labor Markets C. Collective Bargaining Agreements D. Highly Mobile Capital Equipment E. Investment Flexibility

        True / False Questions

 76. Unemployment Affects Both The Current And Future Production Of Goods And Services. 

 77. If Leakages Exceed Injections, Unemployment Will Result. 

 78. Involuntary Unemployment Occurs When Wage Rates Are Too Low, I.E., Below Competitive Levels. 

 79. Cyclical Unemployment Is Due Primarily To A Decline In Aggregate Supply. 

 80. Structural Unemployment Results From People Changing Jobs. 

 81. Frictional Unemployment Refers To Persons Who Are Unemployed Because The Economy Is In A Recession. 

 82. As An Economy Approaches Full Employment, Real Output Declines. 

 83. Frictional Unemployment Is A Long-Run Event For Particular Individuals. 

 84. The Unemployment Rate Is The Same For All Demographic Groups. 

 85. Full Employment Means That Everyone In The Labor Force Has A Job. 

 86. An Equilibrium Level Of National Income Implies The Economy Is Operating At Full Employment. 

 87. Frictional Unemployment Is Involuntary. 

 88. Structural Unemployment Results From The Economy Experiencing A Recession. 

 89. Cyclical Unemployment Occurs Because Workers Have No Marketable Job Skills. 

 90. A Certain Amount Of Frictional And Structural Unemployment Occurs Even At Full Employment. 

 91. Frictional Unemployment Can Be Reduced By Education And Training. 

 92. An Economy Reaches Full Employment When There Is No Cyclical Unemployment. 

 93. Full Employment May Be Reached Even Though There Is Frictional And Structural Unemployment. 

 94. Structural Unemployment Is A Long Run Event For Particular Individuals. 

 95. Frictional Unemployment Could Be Reduced By Decreasing The Minimum Wage. 

 96. All Unemployed Workers Are Unemployed For The Same Reason. 

 97. Cyclical Unemployment Is Involuntary. 

 98. When Frictional Unemployment Exists, Labor Services Are Voluntarily Unemployed. 

 99. As A Group, Women Suffer From The Highest Unemployment Rate. 

 100. The Lowest Unemployment Rate Is Found For Those Between The Ages Of 16 And 19. 

 101. Economic Growth Or Improved Technology Would Be Shown On An Aggregate Demand - Aggregate Supply Diagram As An Increase In Ad, As Remaining Constant. 

 102. An Increase In Government Purchases Financed By An Equal Increase In Tax Collections Will Increase National Income. 

 103. An Increase In The Marginal Propensity To Consume Will Increase The Size Of The Multiplier. 

 104. The Marginal Propensity To Consume Is Usually Greater Than One. 

 105. An Increase In Trade Deficit Will Increase Unemployment In The U.S. 

 106. An Increase In The Federal Budget Deficit Will Increase Unemployment. 

 107. An Increase In Imports Would Expand The Level Of Employment. 

 108. The Ad-As Relationship Is Not Affected By Circular Flow Relationships. 

 109. Inflation Means That Prices Are Too High. 

 110. A Price Index Shows The Absolute Changes In Price That Occur Over Time In A List Of Different Products And Services. 

 111. If The Economy Is Operating At A Less-Than-Full Employment Level, An Increase In Aggregate Demand May Result In An Increase In The Price Level As Well As An Increase In The Level Of Employment. 

 112. Inflation May Affect The Distribution Of Income In The Economy And May Increase National Output. 

 113. Inflation Is Not Equitable Because It Arbitrarily Changes The Pattern Of Income Distribution. 

 114. The Consumer Price Index Is A  Cost-Of-Living Index. 

 115. Demand-Pull Inflation Ends Once Full Employment Is Reached. 

 116. During Inflation, Some Prices May Be Rising And Some May Be Falling. 

 117. The Effects Of Inflation On Resource Allocation Are The Equity Effects Of Inflation. 

 118. Inflation May Have A Stimulating Effect On Production And Employment. 

 119.  The Labor Force Participation Rate Has Been Steadily Increasing In Recent Years.

  120.  Unemployment Rates Since 2007 Have Increased Due To Rising Structural Unemployment.  

 121.  Since 1960, Inflation Rates Were Highest During The 1970s.  

  122.  When A Phillips Curve Is Drawn, It Shows An Inverse Relationship Between Inflation And Unemployment Rates.

   123.  The Phillips Curve Is Another Name For A Production Possibilities Curve.

   124.  The Phillips Curve Has Displayed A Stable Relationship Between Inflation And Unemployment Since The 1960s.

   125.  Expansionary And Contractionary Policies Have Not Proved To Be Effective Tools To Control Unemployment And Inflation In The American Economy.

   126.  The Oil Embargo During The Early 1970s Showed How Stable The Relationship Is Between Unemployment And Inflation Rates.

   127. Shifts In The Aggregate Supply Function Can Cause Shifts In The Phillips Curve.

   128.  The Relationship Shown By The Phillips Curve, Which Implies A Tradeoff Between Inflation And Unemployment Rates, Is A Long-Run Phenomenon.

[clearlyangrypeanut-blog]

ECO 405 Week 10 Quiz – Strayer

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 Quiz 9 Chapter 13

 Unemployment And Inflation: Can We Find A Balance?

  Multiple Choice Questions  

1. A Person Is Considered Unemployed If The Person Is  A. Seeking A Job Requiring Greater Qualifications Than The Person Possesses And No One Is Willing To Hire The Person For Such A Job B. Offered A Job For Which The Person Is Qualified But Prefers Not To Work C. Qualified For A Job, Willing To Work, But Unable To Find Work For Over 30 Days D. Out Of School During Christmas Vacation And Cannot Find Work During That Period E. All Of The Above

 2. Which Of The Following People Is Considered Unemployed?  A. A Truck Driver With A High School Education Who Has Been Laid Off His Job And Is Now Training To Be A Computer Programmer B. An Individual Who Is Currently Not Working Nor Actively Seeking Employment C. A Secretary Who Is Currently Not Working And Who Seeks Employment Using Secretarial Skills D. All Of The Above E. None Of The Above

 3. An Auto Factory Worker Who Is Unemployed Because A Robot Now Has His Job Is A Victim Of  A. Structural Unemployment B. Cyclical Unemployment C. Underemployment D. Frictional Unemployment E. Seasonal Unemployment

 4. Which Of The Following Individuals Is Considered Part Of The Labor Force?  A. An Unemployed Farmer B. A College Graduate Looking For His First Job C. A Retired Teacher Working As A Sales Clerk D. A Department Store Santa During December E. All Of The Above

 5. When Individuals Want To Work, But Give Up Looking For A Job Because They Feel There Will Never Be One Available, They Are Considered  A. Pessimistic B. Lazy C. Discouraged D. Part Of The Labor Force E. Unemployed

 6. Which Of The Following Individuals Is Part Of The Labor Force?  A. A 15-Year-Old Worker At A Fast Food Restaurant B. A Paid Prison Worker At The Prison Carpentry Shop C. A College Student Attending School Full-Time D. A Stay-At-Home Dad E. None Of The Above

  7. The Unemployment Rate  A. For Blacks Is Roughly Twice The Rate For Whites B. For Women Is Lower Than That Of Men C. For Teenagers Is Below The Rate For The Labor Force As A Whole D. Is Equal For Males And Females, Blacks And Whites, And Young And Old Workers E. Is None Of The Above

 8. Technological Change In An Industry That Historically Required Specific Labor Skills Will Lead To  A. Frictional Unemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. No Changes In Unemployment

 9. People Who Are In The Process Of Changing Jobs Are Classified In The Category Of  A. Frictional Unemployment B. Involuntary Unemployment C. Structural Unemployment D. Cyclical Unemployment E. Seasonal Unemployment

 10. A College Graduate Looking For Her First Job Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 11. A Farmer Who Has Lost His Farm Due To Increased Agricultural Productivity Is Considered  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 12. A Factory Worker Who Loses A Job Because Of A Decrease In Aggregate Demand Is  A. Frictionally Unemployed B. Involuntarily Unemployed C. Structurally Unemployed D. Cyclically Unemployed E. Seasonally Unemployed

 13. The Full-Employment Unemployment Rate Is  A. 0 B. Inconsistent With Price Stability C. The Rate That Reflects Cyclical Unemployment D. 10% E. None Of The Above

 14. Between 1960 And 2011, The Unemployment Rate Has  A. Steadily Increased B. Steadily Fallen C. Been Below 6% Over The Entire Period D. Ranged From 1% To 12% E. None Of The Above

 15. Unemployment Rates Tend To Rise When  A. Inflation Rates Rise B. Aggregate Demand Is High C. The Economy Goes Through An Expansion D. There Is A Recession E. Interest Rates Are Low

 16. A Major Cause Of Involuntary Unemployment Is  A. A Wage Rate Below Equilibrium B. Not Enough Demand For Labor C. Too Much Supply Of Labor D. Laziness E. A Wage Rate Above Equilibrium

 17. The Unemployment Rate Will Not Fall To Zero Because Of  A. Cyclical Unemployment B. Frictional Unemployment C. Welfare D. Voluntary Unemployment E. All Of The Above

 18. Which Of The Following Types Of Unemployment Is Considered Long-Term, Hardcore Unemployment?  A. Cyclical B. Structural C. Frictional D. Seasonal E. None Of The Above

 19. A Poorly Educated, Unskilled Teenager Currently Unemployed Is An Example Of  A. Frictional Unemployment B. Cyclical Unemployment C. Structural Unemployment D. Seasonal Unemployment E. None Of The Above

 20. People Who Are Unemployed Due To A Downturn In Economic Activity Are Classified In The Category Of  A. Frictional Unemployment B. Structural Unemployment C. Seasonal Unemployment D. Cyclical Unemployment E. Voluntary Unemployment

 21. When General Motors Lays Workers Off Because Of A Decrease In Aggregate Demand, It Causes  A. Cyclical Unemployment B. Frictional Unemployment C. Seasonal Unemployment D. Structural Unemployment E. None Of The Above

 22. Unemployment Below The Full Employment Rate Is A Measure Of  A. Underemployment B. Structural Unemployment C. Cyclical Unemployment D. Seasonal Unemployment E. None Of The Above

 23. The Highest Unemployment Rate Is Found Among  A. People Between The Ages Of 16 And 19 B. Females C. Ethnic Groups D. The Elderly E. Children

 24. Which Of The Following Best Describes When The Economy Is Experiencing Inflation? When  A. The Price Of An Essential Good Increases Dramatically B. The Prices Of Many Goods Go Up C. There Is A Rise In The General Level Of Prices D. All Prices Remain The Same Or Increase; No Prices Fall E. The Value Of The Dollar Increases

 25. Which Price Index Is Also Known As The Cost-Of-Living Index?  A. Consumer Price Index B. Wholesale Price Index C. Implicit Price Deflator D. Gdp Deflator E. All Of The Above

 26. If Inflation Is Not Observable In The Form Of Rising Prices, It Is Called  A. Suppressed B. Repressed C. Deflation D. Dynamic E. None Of The Above

 27. Price Index Numbers For A Series Of Years Show  A. If Money Gdp Is Growing B. If Real Gdp Is Growing C. If All Prices Are Rising D. The Average Price Level For Each Year As A Percentage Of The Base Year E. None Of The Above

28. If The Consumer Price Index Is 100 In 2010 And Is 120 In 2012, Then The Rate Of Inflation Between 2010 And 2012 Is  A. 10% B. 20% C. 15% D. 5% E. Unable To Be Calculated Without Further Information

 29. The Best Description Of The Growth Of The Money Supply Since 1960 Is That It Has  A. Increased Steadily B. Increased Rapidly During The 1980's C. Decreased Steadily D. Decreased Rapidly During The 1960's E. Shown Patterns Of Both Fast And Slow Growth Over The Decades

 30. When Inflation Redistributes Income From One Group In The Economy To Another, It Is An Example Of Which Effect?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 31. If Inflation Causes The Demand For Houses To Increase More Rapidly Than The Demand For Other Goods, The Economy Has Experienced Which Effect Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 32. If Inflation Stimulates Production And Employment, The Economy Experiences Which Of The Following Effects Of Inflation?  A. Equity B. Efficiency C. Output D. Input E. None Of The Above

 33. Which Of The Following Is Most Likely Be Hurt By Inflation?  A. People On Fixed Incomes B. People Whose Wages Rise Faster Than Prices C. Landholders D. Borrowers E. None Of The Above

 34. Suppose A Family Spends $20,000 On A Basket Of Goods In 2011. Suppose The Same Basket Costs $22,000 In 2012. Using 2011 As The Base Year, The Price Index For 2012 Is  A. 105 B. 102 C. 111 D. 110 E. None Of The Above

 35. The Effect Of Inflation On Production And Employment Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. Fiscal Policy

 36. Federal Income Taxes Are Levied On The Basis Of Nominally Stated Tax Brackets, And There Is A Nominal Upward Adjustment In Salaries And Wages During Inflation. Therefore, What Is Of Federal Tax Collections During Inflation? They Will  A. Decrease In Both Real And Nominal Terms B. Increase In Both Real And Nominal Terms C. Increase In Real Terms D. Increase In Nominal Terms E. Stay The Same

 37. Which Of The Following Statements Is Correct? Inflation A. Benefits Creditors At The Expense Of Debtors B. Increases The Purchasing Power Of The Dollar C. Increases The Real Value Of Savings D. Arbitrarily "Taxes" Fixed Income Groups E. Increases Real Wages

 38. The Effects Of Inflation On The Distribution Of Income Are Called A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

 39. The Effect That Inflation Has On The Allocation Of Resources Is Known As  A. An Incomes Policy B. The Equity Effects Of Inflation C. The Efficiency Effects Of Inflation D. The Output Effects Of Inflation E. None Of The Above

40. In The Circular Flow Diagram, Economic Units Are Classified As  A. Imports And Exports B. Households And Producers C. Taxpayers And Governments D. Subsidy Receivers And Taxpayers E. Producers And Sellers

41. The Circular Flow Of Economic Activity Developed In The Text Is A Model Of The  A. Flow Of Goods, Resources, Payments And Expenditures Between The Sectors Of The Economy B. Influence Of Government On Business Behavior C. Influence Of Business On Consumers D. Role Of Unions And Government In The Economy E. Interaction Among Taxes, Prices, And Profits

42. Which Of The Following Statements Concerning The Circular Flow Is  ?  A. The Circular Flow Of Economic Activity Shows How The Overall Economy Operates B. The Circular Flow Emphasizes The Independence Of Economic Variables C. There Are Two Circular Flows Involved In The Economy D. The Circular Flow Shows That Real Income Is Determined By Physical Goods And Services Produced In The Economy E. None Of The Above

43. Aggregate Demand A. Represents The Sum Of The Demands By All Purchasers Of Goods And Services In An Economy B. Is Comprised Of The Purchases Of Goods And Services Only By Consumers C. Excludes Imports And Exports D. Assumes That Governments Do Not Purchase Goods And Services E. None Of The Above

44.  The Aggregate Demand Curve Will Shift To The Right

A. When The Government Raises Taxes B. If Investors Reduce Their Purchases Of Plant And Equipment C. If Consumer Confidence Increases D. If Prices Fall E. None Of The Above

 45.  The Marginal Propensity To Consume Is

A.  Consumption Divided By Income

B.  The Change In Consumption

C.  The Change In Consumption Divided By The Change In Income

D.  Unaffected By Changes In Income

E.  All Of The Above

  46.  The Marginal Propensity To Consume Plus The Marginal Propensity To Save

A.  Represents What Happens As A Result Of Income Changes

B.  Must Always Sum To 1

C.  Must Always Sum To 0

D.  A And B

E.  None Of The Above

  47.  Investment Spending Is Sensitive To

A.  Interest Rates

B.  Expectations By Producers About The Return On Investment

C.  The Confidence Of Investors

D.  All Of The Above

E.  None Of The Above

  48.  A Trade Deficit Will Occur In An Economy

A.  When Spending Exceeds Income

B.  When The Value Of Exports Exceeds The Value Of Imports

C.  When The Value Of Exports Is Less Than The Value Of Imports

D.  When An Economy Is Expanding

E.  When An Economy Is In Recession

49. Assuming A Marginal Propensity To Consume Three-Fourths, The Spending Multiplier Is  A. 1 B. 2 C. 3 D. 4 E. None Of The Above

 50. Assume That The Spending Multiplier Is 3. The Government Has Decided To Purchase New Computers To Improve Productivity And Will Spend $50 Billion On The Computer Equipment.  The Resulting Increase In National Income Will Be  A. Zero B. $200 Billion C. $100 Billion D. $150 Billion E. It Cannot Be Determined

  51. The Determinants Of Aggregate Supply Are  A. Resources, Prices, And Technology B. Interest Rates C. Consumer Wealth D. Real Income E. All Of The Above

 52. Ameeta Spends $400 When Her Income Is $500. When She Receives A $100 Raise (Bringing Her Total Income To $600), She Spends $480. Her Mpc Is  A. 0.4 B. 0.5 C. 0.6 D. 0.8 E. 1.0

 53. The Psychological Law Of Consumption Tells Us The Marginal Propensity To Consume Will Be  A. Less Than 0 B. Greater Than 0 But Less Than 1 C. Equal To 1 D. Greater Than 1 But Less Than 10 E. Greater Than 10

 54. If The Mpc Is 0.8, The Spending Multiplier Equals  A. 0.2 B. 0.8 C. 1.25 D. 5.0 E. 8.0

 55. If The Mps Is .4, The Spending Multiplier Equals  A. 0.4 B. 0.6 C. 1.67 D. 2.5 E. 4.0

56. Which Of The Following Is A Component Of Aggregate Demand?  A. Consumption B. Investment C. Government Spending D. Exports And Imports E. All Of The Above

    Questions 57 - 62 Refer To The Graph Below.

   57. Given Short Run Aggregate Supply S0, What Level Of Aggregate Demand Is Necessary For The Economy To Reach Full Employment?  A. Lower Than D1 B. D0 C. D1 D. D2 E. Higher Than D2

 58. Given D0 And S0, An Increase In Aggregate Demand Would Lead To Which Of The Following?  A. Higher Unemployment B. Lower Unemployment C. Inflation D. Deflation E. Recession

 59. Given S1 And D1, Which Of The Following Changes Reduces Unemployment? A Shift To  A. D0 B. D2 C. S0 D. All Of The Above E. None Of The Above

 60. Which Of The Following Would Cause A Shift From D1 To D2?  A. An Increase In Investment B. A Decrease In Consumption C. An Increase In Imports D. An Increase In Saving E. All Of The Above

  61. Which Of The Following Would Cause A Shift From S1 To S0?  A. A Decrease In Resource Prices B. An Decrease In Unemployment C. An Increase In The Price Of Labor D. An Increase In Consumption E. All Of The Above

  62. Demand-Pull Inflation Is Illustrated By A Movement From  A. S0 To S1 B. S1 To S0 C. D0 To D2 D. D1 To D0 E. Q1 To Q0

63. If The Economy Is Initially At Full Employment, An Increase In Aggregate Demand Will Result In  A. Demand-Pull Inflation B. Profit-Push Inflation C. Cost-Push Inflation D. Unemployment E. Underemployment

 64. To Expand The Level Of Economic Activity, It Is Necessary That  A. Total Leakages Exceed Total Injections B. Government Expenditures Exceed Tax Collections C. Total Injections Exceed Total Leakages D. Imports Exceed Exports E. (C) And (D) Above

 65. Leakages In The Circular Flow Consist Of  A. Savings, Taxes, And Exports B. Savings, Investment, And Exports C. Government Spending, Investment, And Exports D. Savings, Taxes, And Imports E. Investment, Taxes, And Imports

 66. Injections In The Circular Flow Consist Of  A. Savings, Exports, And Investments B. Savings, Exports, And Taxes C. Government Spending, Savings, And Exports D. Government Spending, Investment, And Exports E. None Of The Above

 67. Aggregate Supply Can Be Increased By  A. Reduced Incentives To Save

B. Higher Taxes

C. Increases In Government Spending

D. Policies To Induce More Saving

E. None Of The Above

 68. The Phillips Curve Depicts The Relationship Between  A. Output And Inflation B. Savings And Investment C. Unemployment And Inflation D. Imports And Exports E. None Of The Above

 69. Economists In The 1960s Believed That The Phillips Curve Relationship Would  A. Allow Governments To End Inflation B. Provide Governments A Means To Control Recessions C.  Discourage Imports D.  Provide Policies That Would Trade Off Unemployment For Inflation E. None Of The Above

 70. Economic Policy Makers In The 1960s Held That Governments Could  A. Engage In Expansionary And Contractionary Policies To Manage The Economy B. Spend Their Way Out Of Business Cycles C. Eliminate Unemployment D. Choose How Much To Produce E. None Of The Above

 71. After The Events Of The 1970s, Economists Learned That A. Attempts To Trade Off Unemployment And Inflation Would Only Work For A Short Period Of Time B. Shocks To The Aggregate Supply Could Alter The Relationships Between Unemployment And Inflation C. The Phillips Curve Relationship Was Not Stable D. The Phillips Curve Shifted Over Time E. All Of The Above

72. By How Much Must Investment Spending Increase To Increase Output By $500 If The Mpc Is 0.8?  A. $100 B. $300 C. $400 D. $500 E. More Than $500

 73. A Useful Measure Of The Size Of The Workforce, That Is, The Number Of Individuals Who Are Willing And Able To Work, Is  A. The Current Population Survey B. The Unemployment Rate C. The Rate Of Job Growth D. The Labor Force Participation Rate E. There Are No Useful Measures Of This Information, Due To The Difficulties Of Gathering The Sample

 74. In An Economy Like That Of The Us, Due To A Variety Of Institutional And Social Factors, Wages Tend To Be  A. Very Flexible B. Flexible During Recessions C. Highly Rigid D. Affected Only By Congressional Legislation E. Sticky

 75. Which Of The Following Factors In An Economy Contribute To “Sticky” Wages?  A. Flexible Working Conditions B. Competitive Labor Markets C. Collective Bargaining Agreements D. Highly Mobile Capital Equipment E. Investment Flexibility

        True / False Questions

 76. Unemployment Affects Both The Current And Future Production Of Goods And Services. 

 77. If Leakages Exceed Injections, Unemployment Will Result. 

 78. Involuntary Unemployment Occurs When Wage Rates Are Too Low, I.E., Below Competitive Levels. 

 79. Cyclical Unemployment Is Due Primarily To A Decline In Aggregate Supply. 

 80. Structural Unemployment Results From People Changing Jobs. 

 81. Frictional Unemployment Refers To Persons Who Are Unemployed Because The Economy Is In A Recession. 

 82. As An Economy Approaches Full Employment, Real Output Declines. 

 83. Frictional Unemployment Is A Long-Run Event For Particular Individuals. 

 84. The Unemployment Rate Is The Same For All Demographic Groups. 

 85. Full Employment Means That Everyone In The Labor Force Has A Job. 

 86. An Equilibrium Level Of National Income Implies The Economy Is Operating At Full Employment. 

 87. Frictional Unemployment Is Involuntary. 

 88. Structural Unemployment Results From The Economy Experiencing A Recession. 

 89. Cyclical Unemployment Occurs Because Workers Have No Marketable Job Skills. 

 90. A Certain Amount Of Frictional And Structural Unemployment Occurs Even At Full Employment. 

 91. Frictional Unemployment Can Be Reduced By Education And Training. 

 92. An Economy Reaches Full Employment When There Is No Cyclical Unemployment. 

 93. Full Employment May Be Reached Even Though There Is Frictional And Structural Unemployment. 

 94. Structural Unemployment Is A Long Run Event For Particular Individuals. 

 95. Frictional Unemployment Could Be Reduced By Decreasing The Minimum Wage. 

 96. All Unemployed Workers Are Unemployed For The Same Reason. 

 97. Cyclical Unemployment Is Involuntary. 

 98. When Frictional Unemployment Exists, Labor Services Are Voluntarily Unemployed. 

 99. As A Group, Women Suffer From The Highest Unemployment Rate. 

 100. The Lowest Unemployment Rate Is Found For Those Between The Ages Of 16 And 19. 

 101. Economic Growth Or Improved Technology Would Be Shown On An Aggregate Demand - Aggregate Supply Diagram As An Increase In Ad, As Remaining Constant. 

 102. An Increase In Government Purchases Financed By An Equal Increase In Tax Collections Will Increase National Income. 

 103. An Increase In The Marginal Propensity To Consume Will Increase The Size Of The Multiplier. 

 104. The Marginal Propensity To Consume Is Usually Greater Than One. 

 105. An Increase In Trade Deficit Will Increase Unemployment In The U.S. 

 106. An Increase In The Federal Budget Deficit Will Increase Unemployment. 

 107. An Increase In Imports Would Expand The Level Of Employment. 

 108. The Ad-As Relationship Is Not Affected By Circular Flow Relationships. 

 109. Inflation Means That Prices Are Too High. 

 110. A Price Index Shows The Absolute Changes In Price That Occur Over Time In A List Of Different Products And Services. 

 111. If The Economy Is Operating At A Less-Than-Full Employment Level, An Increase In Aggregate Demand May Result In An Increase In The Price Level As Well As An Increase In The Level Of Employment. 

 112. Inflation May Affect The Distribution Of Income In The Economy And May Increase National Output. 

 113. Inflation Is Not Equitable Because It Arbitrarily Changes The Pattern Of Income Distribution. 

 114. The Consumer Price Index Is A  Cost-Of-Living Index. 

 115. Demand-Pull Inflation Ends Once Full Employment Is Reached. 

 116. During Inflation, Some Prices May Be Rising And Some May Be Falling. 

 117. The Effects Of Inflation On Resource Allocation Are The Equity Effects Of Inflation. 

 118. Inflation May Have A Stimulating Effect On Production And Employment. 

 119.  The Labor Force Participation Rate Has Been Steadily Increasing In Recent Years.

  120.  Unemployment Rates Since 2007 Have Increased Due To Rising Structural Unemployment.  

 121.  Since 1960, Inflation Rates Were Highest During The 1970s.  

  122.  When A Phillips Curve Is Drawn, It Shows An Inverse Relationship Between Inflation And Unemployment Rates.

   123.  The Phillips Curve Is Another Name For A Production Possibilities Curve.

   124.  The Phillips Curve Has Displayed A Stable Relationship Between Inflation And Unemployment Since The 1960s.

   125.  Expansionary And Contractionary Policies Have Not Proved To Be Effective Tools To Control Unemployment And Inflation In The American Economy.

   126.  The Oil Embargo During The Early 1970s Showed How Stable The Relationship Is Between Unemployment And Inflation Rates.

   127. Shifts In The Aggregate Supply Function Can Cause Shifts In The Phillips Curve.

   128.  The Relationship Shown By The Phillips Curve, Which Implies A Tradeoff Between Inflation And Unemployment Rates, Is A Long-Run Phenomenon.

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Scope and Benefits- All about US CMA course

US Certified Management Accountant (US CMA course) by the Institute of Management Accountants (IMA), USA has been one of the most sought after qualifications around the world.

Earning the US CMA can give you the career boost as they have an excellent rate of absorption all over the world. Currently, US CMA has marked its presence in over 100 countries including the United States (US).

The US CMA course is pursued by students who are keen in learning budgeting and management accounting. The professionals with US CMA qualifications are preferred over other candidates, by multinational companies and established conglomerates.

Scope of US CMA course in India

US CMAs are important assets in all types of organizations. Completion of a US CMA course in India is possible and opens multiple ways to improve your financial skills & management qualities. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization.

CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

Corporates hire US CMA as they are considered experts in value creation and business strategy. Over the years, the prominence of the US CMA course has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates.

The key drivers for US CMA course in India include

A. Growth potential in the manufacturing sector and government efforts like “Make in India” to promote Indian manufacturer’s.  In this context, US CMA is huge demand in India

B. As US CMA’s are considered as experts in business strategy and cost controlling, Management consulting firms like EY, KPMG hire US CMA as management consultants for restructuring services for industries.

C. Strengthening of banking especially in rural parts of India is a key driver for the need of CMA experts.

D. Growing demand for insurance products is an opportunity for US CMAs in India.

Benefits of US CMA course

US CMA is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, and Deloitte and so on for the managerial positions like financial controllers, Budget Analysts, Cost Auditors, Chief financial controller and many other high level positions.

Since they are in demand in various sectors for many skills, the US CMAs have immense job opportunities in India like those given below and a lot more related to Finance.

·        Research Analyst

·        Cost Accountant

·        Legal Advisor

·        Finance Manager

·        Financial Analyst

·        Management Consultant

·        Cost Auditor

In India, a fresh US CMA candidate in India can get a starting salary of INR 4-8 lakhs per year. This can go up to nearly INR 80 Lakhs once you become a CFO of a company.

Median compensation of US CMA salary by various job roles

The latest Global Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that holding the US CMA certification helps to add value beyond the basic compensation. 90% of survey respondents with US CMA certification said that US CMA gives them more confidence to perform their job at a high level.

Further, 90% agree that the US CMA course helps them to work in all areas of the business, and more than 80% of respondents agree that the US CMA certification creates better career opportunities nearly, 95% would recommend the certification to a friend.

CMA least affected by COVID-19

The survey results on the impact of COVID-19 showed that CMAs were less impacted in their jobs than compared to non-CMAs. Further, 43% of respondents said that their salary was not impacted by the COVID pandemic, while 3% indicated their compensation increased.

It was noted that 30% of respondents indicated that their salary decreased due to the pandemic, while 19% received a lower or no bonus due to the pandemic.

The industries which got affected by the pandemic were wholesale and retail trade (68.6%), followed by construction (63.6%), public accounting (57.2%), and education (55.1%).

The industries with the lowest percentage of respondents indicating a negative impact include government (11.1%), agriculture (22.6%), and medical/health services (39.4%).

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Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

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B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties

D. Affordable US CMA course fees with special discount in your IMA fees.

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

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[upliftpro]

Scope and Benefits- All about US CMA course

US Certified Management Accountant (US CMA course) by the Institute of Management Accountants (IMA), USA has been one of the most sought after qualifications around the world.

Earning the US CMA can give you the career boost as they have an excellent rate of absorption all over the world. Currently, US CMA has marked its presence in over 100 countries including the United States (US).

The US CMA course is pursued by students who are keen in learning budgeting and management accounting. The professionals with US CMA qualifications are preferred over other candidates, by multinational companies and established conglomerates.

Scope of US CMA course in India

US CMAs are important assets in all types of organizations. Completion of a US CMA course in India is possible and opens multiple ways to improve your financial skills & management qualities. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization.

CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

Corporates hire US CMA as they are considered experts in value creation and business strategy. Over the years, the prominence of the US CMA course has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates.

The key drivers for US CMA course in India include

A. Growth potential in the manufacturing sector and government efforts like “Make in India” to promote Indian manufacturer’s.  In this context, US CMA is huge demand in India

B. As US CMA’s are considered as experts in business strategy and cost controlling, Management consulting firms like EY, KPMG hire US CMA as management consultants for restructuring services for industries.

C. Strengthening of banking especially in rural parts of India is a key driver for the need of CMA experts.

D. Growing demand for insurance products is an opportunity for US CMAs in India.

Benefits of US CMA course

US CMA is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, and Deloitte and so on for the managerial positions like financial controllers, Budget Analysts, Cost Auditors, Chief financial controller and many other high level positions.

Since they are in demand in various sectors for many skills, the US CMAs have immense job opportunities in India like those given below and a lot more related to Finance.

·        Research Analyst

·        Cost Accountant

·        Legal Advisor

·        Finance Manager

·        Financial Analyst

·        Management Consultant

·        Cost Auditor

In India, a fresh US CMA candidate in India can get a starting salary of INR 4-8 lakhs per year. This can go up to nearly INR 80 Lakhs once you become a CFO of a company.

Median compensation of US CMA salary by various job roles

The latest Global Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that holding the US CMA certification helps to add value beyond the basic compensation. 90% of survey respondents with US CMA certification said that US CMA gives them more confidence to perform their job at a high level.

Further, 90% agree that the US CMA course helps them to work in all areas of the business, and more than 80% of respondents agree that the US CMA certification creates better career opportunities nearly, 95% would recommend the certification to a friend.

CMA least affected by COVID-19

The survey results on the impact of COVID-19 showed that CMAs were less impacted in their jobs than compared to non-CMAs. Further, 43% of respondents said that their salary was not impacted by the COVID pandemic, while 3% indicated their compensation increased.

It was noted that 30% of respondents indicated that their salary decreased due to the pandemic, while 19% received a lower or no bonus due to the pandemic.

The industries which got affected by the pandemic were wholesale and retail trade (68.6%), followed by construction (63.6%), public accounting (57.2%), and education (55.1%).

The industries with the lowest percentage of respondents indicating a negative impact include government (11.1%), agriculture (22.6%), and medical/health services (39.4%).

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties

D. Affordable US CMA course fees with special discount in your IMA fees.

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.