Business cycle and types of unemployment

Seth is laid off from work because he is a life guard at the local water park. He is experiencing what kind of unemployment?

• Structural
• Seasonal
• Frictional
• Cyclical

Unemployment caused by a fall in demand for goods and services across the economy.

• frictional unemployment
• seasonal unemployment
• structural unemployment
• cyclical unemployment

Unemployment caused when a person resigns from their job to start looking for a higher paying job that better suits their skills.

• Structural
• Seasonal
• Frictional
• Cyclical

Which of the following occupations might be subject to seasonal unemployment

• Agricultural labourers

• Bus drivers

• Landscape gardeners

• Operations manager in a frozen food factory

_______ occurs when people are in between jobs, entering and reentering the labor force.

• Cyclical unemployment

• Technological unemployment

• Frictional unemployment

• Seasonal unemployment

Farm helpers are unemployed when the cropping season is over.

• frictional

• cyclical

• structural

• seasonal

When individuals lose jobs due to a decline in the economy (aggregate demand), often during an economic recession.

• Structural Unemployment

• Cyclical Unemployment

• Frictional Unemployment

• Seasonal Unemployment

Individuals are unemployed due to a lack in skills that modern industries need, change in technology.

• Cyclical Unemployment

• Frictional Unemployment

• Structural Unemployment

• Seasonal Unemployment

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

• frictional

• cyclical

• structural

• seasonal

The Business Cycle measures ___ over time.

• wealth

• inflation

• economic growth