
2024 Econ Unit 5 Test Review
Quiz
•
Social Studies
•
12th Grade
•
Medium
Nicholas Krumm
Used 81+ times
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36 questions
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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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