Crash Course in Economics Unemployment

Crash Course in Economics Unemployment

9th - 11th Grade

14 Qs

quiz-placeholder

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Crash Course in Economics Unemployment

Crash Course in Economics Unemployment

Assessment

Quiz

Social Studies

9th - 11th Grade

Hard

Created by

Patricia White

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the correct definition for unemployment?

Occurs when workers are wanting to work

Occurs when workers can’t find a job

Occurs when workers able and willing to work but cannot find employment

Occurs when workers are able to find employment but are not willing to work

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment caused by a fall in demand in a particular season is called:

Seasonal unemployment

Frictional unemployment

Structural unemployment

Cyclical unemployment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment caused by a lack of demand in the economy is called:

Seasonal unemployment

Frictional unemployment

Structural unemployment

Cyclical unemployment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment caused by time lags when workers move between jobs is called:

Seasonal unemployment

Frictional unemployment

Structural unemployment

Cyclical unemployment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unemployment caused by time lags when workers move between jobs is called:

Seasonal unemployment

Frictional unemployment

Structural unemployment

Cyclical unemployment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of unemployment?

Wage rates will be low

Costs for firms can be higher

Less movement between jobs

Markets can become more efficient

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the most important cost of unemployment to individuals?

Loss of status

Become unemployable

Lower standard of living

Costs to taxpayers

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