
FPEC1014 Tutorial 7
Quiz
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Other
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University
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Practice Problem
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Easy
Kee Tuan Teng
Used 2+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a macroeconomic issue?
the price of burgers
the profits of firms
the unemployment level in the country
the number of cars sold per year
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High unemployment would mean that ? .
labour resources are not being used efficiently
firms are not making sufficient profits
consumers are dissatisfied with the goods produced
exports are below expectations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment caused by a lack of jobs during a recession is known as ? .
structural unemployment
frictional unemployment
cyclical unemployment
technological unemployment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Labour force consists of all people who are ?.
16 years old and above who are working or actively seeking work
16 years old and above who are working
21 years old and above who are working
21 years old and above who are not able to get a job
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Frictional unemployment applies to ? .
short periods of unemployment needed to match jobs and job seekers
short periods of unemployment due to the introduction of labour-saving techniques
short periods of unemployment due to fluctuations in the business cycle
short periods of unemployment due to depletion of certain resources
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
“This generally takes place in developed countries where machineries and robots replace the job done by human.” This statement refers to ? .
structural unemployment
frictional unemployment
cyclical unemployment
technological unemployment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Structural unemployment is caused by .
temporary layoffs of workers due to a fall in aggregate demand
changes in the structure of the economy that makes certain jobs unneeded
people who have jobs stop working to look for a better one
people who stop working because of labour disputes
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