What are the two major groups of unemployment discussed in the video?

Unemployment Types and Causes

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Business, Social Studies, Other
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10th - 12th Grade
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Hard

Patricia Brown
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Natural and Artificial
Frictional and Seasonal
Disequilibrium and Equilibrium
Cyclical and Structural
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cyclical unemployment is primarily caused by which of the following?
Lack of aggregate demand
Technological advancements
Seasonal changes
High minimum wages
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a cause of cyclical unemployment?
Increase in interest rates
Falling consumer confidence
Technological advancements
Global pandemic
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Real wage unemployment occurs when:
There is a lack of demand for goods
Wages are above equilibrium
There is a skills mismatch
Wages are below equilibrium
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the natural rate of unemployment?
Unemployment that occurs only during a recession
Unemployment that exists even when the labor market is in equilibrium
Unemployment due to seasonal factors
Unemployment caused by technological changes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of unemployment is characterized by workers being between jobs?
Structural unemployment
Frictional unemployment
Seasonal unemployment
Cyclical unemployment
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Structural unemployment is primarily due to:
High minimum wages
Seasonal demand changes
Long-term changes in industry structure
Short-term economic fluctuations
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