
B321 MA05 Quiz DL

Quiz
•
Other
•
12th Grade
•
Medium

Swee Lyn Danielle Lim
Used 7+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tim has just graduated but is unable to find a job due to the recession. This type of unemployment is:
Frictional
Structural
Cyclical
Seasonal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment due to mismatch of skills is known as:
Frictional unemployment
Structural unemployment
Cyclical unemployment
Seasonal unemployment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Full employment means zero unemployment.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At the natural rate of unemployment, there will always be some frictional and structural unemployment.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There is a shortage of nurses as more nurses quit and few want to become nurses. There is a fall in ______________ in the healthcare sector.
Labour demand
Labour supply
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Due to ageing population, more hospitals are needed. There is increase in _______________ in the healthcare sector.
Labour demand
Labour supply
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When there is a labour crunch, labour supply curve shifts ____________.
Left
Right
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