2024 Econ Unit 5 Test Review

2024 Econ Unit 5 Test Review

12th Grade

36 Qs

quiz-placeholder

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2024 Econ Unit 5 Test Review

2024 Econ Unit 5 Test Review

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Nicholas Krumm

Used 81+ times

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36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Charles, a factory worker has lost their job and a ROBOT has taken his place. What form of Unemployed is he?

Seasonally

Structurally

Cyclically

Frictionally

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

CharlieBot, the robot that took Charles's job at the factory has quit its job to pursue a career in acting. What form of unemployed is CharlieBot before he lands his new gig?

Seasonally

Structually

Cyclically

Frictionally

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

CharlieBot has been looking for an acting job for several months now, but no longer wants to find a job at all. What form of Unemployed is CharlieBot now?

Seasonally

Structurally

It's not unemployed at all - CharlieBot doesn't want a job and so is no longer unemployed.

Cyclically

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Charles has found a new job as a lifeguard but can't start yet because it's the middle of WINTER! What type of unemployed is Charles now?

Seasonally

Cyclically

Structually

Frictionally

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Charles has started his job as a lifeguard but gets LAID OFF because a recession has forced people to stop having summer vacations. What form of unemployed is Charles, now?

Seasonally

Structually

Frictionally

Cyclically

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Unemployment of this kind is a sign of a bad economy (Think Recession/Contraction)

Cyclically

Seasonally

Structually

Frictionally

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of employment of the US labor force is considered "FULLY EMPLOYED"?

90%

100%

95%

51%

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