Pretest Employment and Unemployment

The use of factors of production in the economy, such as labour is the definition of...

• Employment

• Entrepreneur

• Self-employed

• Unemployment

To measure the precentage of a country's workforce that is out of employment is the definition of....

• Full employment rate

• Unemployment rate

• Employment rate

• Labour rate

This unemployment occurs when the demand for products produced in a particular industry continually falls, often due to foreign competition.

• Frictional

• Cyclical

• Structural

• Seasonal

This unemployment caused by a lack of demand, which causes a fall in national income.

• Frictional

• Cyclical

• Structural

• Seasonal

This unemployment is a transitional unemployment which occurs when people change their jobs or are in-between jobs.

• Frictional

• Structural

• Cyclical

• Seasonal