Business Cycle & Unemployment

What type of unemployment is due to a business shutting down for a part of a year?

• Frictional

• Structural

• Seasonal

• Cyclical

What type of unemployment occurs when advanced technology takes your job?

• Frictional

• Structural

• Seasonal

• Cyclical

What type of unemployment occurs during a transition period from one job to another job?

• Frictional

• Structural

• Seasonal

• Cyclical

What type of unemployment occurs when there is a decline in business activity resulting in layoffs?

• Frictional

• Structural

• Seasonal

• Cyclical

You work at a Lobster Shack in Maine that is open from May to August. What type of unemployment will you experience in September?

• Frictional

• Structural

• Seasonal

• Cyclical

A Halloween Spirit Worker will experience what type of unemployment?

• Frictional

• Structural

• Seasonal

• Cyclical

Keith lost his job at his company’s telephone switchboard when the company installed an automated phone system. Which type of unemployment did Keith experience?

• Frictional

• Structural

• Seasonal

• Cyclical

A worker who leaves their job at an eye doctor's office, but hasn't started their new job at a school. What type of unemployment are they categorized in?

• Frictional

• Structural

• Seasonal

• Cyclical

You have just graduated from high school and are applying for various jobs in your local area. You would be under what category of unemployment?

• Frictional

• Structural

• Seasonal

• Cyclical

A new machine at the fast food restaurant has replaced your job at the fry station. You would be under what category of unemployment?

• Frictional

• Structural

• Seasonal

• Cyclical