Employment and Unemployment

a student who just graduated from college and is waiting to start their new job is...

• frictionally unemployed

• structurally unemployed

• technologically unemployed

• cyclically unemployed

• seasonally unemployed

a woman who lost her job due to a decrease in sales during a recession in the economy is...

• frictionally unemployed

• structurally unemployed

• technologically unemployed

• cyclically unemployed

• seasonally unemployed

Farm helpers are unemployed when the cropping season is over.

• frictional

• cyclical

• structural

• seasonal

When individuals are searching for greener pastures is considered what type of unemployment?

• frictional

• cyclical

• structural

• seasonal

What is it called when a worker takes a lower skilled job when they are overqualified to earn money to pay bills?

• A discouraged worker

• Underemployed worker

• A seasonal worker

• A structural worker

What is the unemployment????

• decisions to work based on each individuals' valuation of their own work

• proportion of younger workers in the labor force

• the situation of actively looking for employment but not being currently employed.

• person who is simultaneously an income earner,

Monetary policy is...

• Is actions by the European Central Bank that influence:

  Money supply via changing the amount of money in circulation, Interest rates, the availability of credit via changing the rules on issuing loans

• Is any action taken by the government that influences the timing, magnitude and structure of current revenue and expenditure. It is carried out by increasing or decreasing tax and increasing or decreasing government spending.

Which of the answers below is not an impact on the economy as a result of unemployment

• A decrease in consumer demand

• A fall in inflation or deflation

• A hesitancy to invest

• Possible labour shortages

The Live Register

• is an accurate measure of unemployment

• is not an accurate measure of unemployment

Which of the answers below is not a reason we want to achieve a high level of employment in a country

• Higher tax take

• Less current government spending on social welfare payments

• To empower individuals to continuously advance their careers and earning capacity

• More government expenditure on social welfare