Unemployment

Which type of unemployment results from industrial reorganization due to technological change?

• cyclical unemployment

• frictional unemployment

• seasonal unemployment

• structural unemployment

An individual was temporarily unemployed but found a job quickly

What type of unemployment is this?

•  cyclical unemployment

• frictional unemployment

• seasonal unemployment

• structural unemployment

22. Which term is given to short-term unemployment when people are changing jobs?

• Cyclical

• Frictional

• Seasonal

• Voluntary

A government in a high-income economy wishes to reduce cyclical unemployment.

Which policy is likely to be most effective?

• decrease government expenditure and increase income tax

• decrease the government’s budget deficit

• increase government expenditure and decrease income tax

•  increase the government’s budget surplus

The number of people employed in a country and the level of unemployment both decrease. What could explain this?

• net inward immigration

• an increase in the level of unemployment benefits

• an increase in the age at which state pensions are payable

• an increase in the number of students

An economy's unemployment rate is below the natural rate.

What is likely to be the implications of this for inflation and what can be deduced from this about

• A

• B

• C

• D

Which combination is usually found in developing countries

• A

• B

• C

• D

Which pattern of labour market data is likely to indicate an increase in cyclical unemployment?

• A

• B

• C

• D

An economist once said if you pay people not to work and tax them when they do, do not be surprised if you get unemployment. What is this an example of?

• A

• B

• C

• D

What is the economy's % employment rate, to the nearest whole number?

• 5%

• 23%

• 73%

• 95%