Ch 13 Flashcard

Ch 13 Flashcard

Assessment

Flashcard

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Hard

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Wayground Content

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15 questions

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1.

FLASHCARD QUESTION

Front

True or False- Civilian labor force everyone age 18+ who is employed or seeking employment

Back

False

2.

FLASHCARD QUESTION

Front

The establishment of a minimum wage helps employees by doing what?

Back

It was designed to help prevent working people from getting exploited by employers.

3.

FLASHCARD QUESTION

Front

Categorize the type of unemployment: Changes in the economy reduce demand for workers and their skills (Options: frictional, seasonal, structural, tech)

Back

structural

4.

FLASHCARD QUESTION

Front

True or False- The unemployment rate counts those too discouraged to look for work or those who have only a PT job

Back

False

5.

FLASHCARD QUESTION

Front

_______sum of the monthly inflation and unemployment rates

Back

misery index

6.

FLASHCARD QUESTION

Front

True or False- Recession, inflation, and unemployment does not lead to higher crime rates, higher poverty, and more domestic problems.

Back

False

7.

FLASHCARD QUESTION

Front

Zero unemployment is not an achievable goal in a ________

Back

market economy

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