Employment and unemployment

Employment and unemployment

10th - 11th Grade

16 Qs

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Employment and unemployment

Employment and unemployment

Assessment

Quiz

Other

10th - 11th Grade

Medium

Created by

Iffat Wafa/TCHR/BMBRC

Used 70+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A labor force of 20 million people has 18.5 million people employed. Find the unemployment rate.

10%

8.5%

7.5%

6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If operators are fired and replaced with computer technology, the operators would be considered

frictionally unemployed

structurally unemployed

cyclically unemployed

dissatisfiededly unemployed dissatisfiededly unemployed

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is true of an economy at its "natural

rate of unemployment"?

Everyone who wants to work is working

The economy is producing at its potential

The economy is only experiencing cyclical unemployment

The economy is producing beyond the PPF The economy is producing beyond the PPF

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cyclical unemployment

Describes recent college graduates

Lasts longer than 6 months

Describes employees moving from one job to another

Increases inflation Increases inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The unemployment rate is the ratio of

unemployed to labor force

employed to labor force

seeking employment to labor force

dissatisfied to labor force

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Seasonal unemployment

Describes recent college graduates

Is predictable

Is a result of changes in technology

Slows the economy Slows the economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The unemployment rate will drop if

A person is hired into a new job

Someone who was previously laid off is rehired

An unemployed person stops looking

ALL of these answers are CORRECT

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