EconMovies_ Episode 6

Jennifer lost her job when the restaurant she worked at purchased automated servers that take orders and bring people food.

• frictional

• structural

• cyclical

• Seasonal

Dave McFly quit his job at Burger King to pursue a college degree but is now looking for a job.

• frictional

• structural

• cyclical

• seasonal

Biff, a worker at the hoverboard factory, is laid off when the demand for hoverboards falls due to a downturn in the economy.

• frictional

• structural

• cyclical

• seasonal

.Auto workers at the DeLorean plant are laid-off when they are replaced by robots.

• frictional

• structural

• cyclical

• seasonal

Principal Strickland leaves Hill Valley High School and is looking for a new job at a different school.

• frictional

• structural

• cyclical

• seasonal

Lorraine is having a hard time finding a job since many employers are not hiring due to a recession.

• frictional

• structural

• cyclical

• seasonal

The entire economic output of all goods and services over a specific time period, valued at current prices.

• Cyclical Unemployment

• Nominal GDP

• Real GDP

• Structural Unemployment

The total, inflation-adjusted value of all products and services produced in an economy over a specific time period.

• Cyclical Unemployment

• Nominal GDP

• Real GDP

• Structural Unemployment

According to the video, which is NOT a macroeconomic goals of every economy

• GDP

• INFLATION

• SUPPLY

• UNEMPLOYMENT

Which Back to the Future is the best?

• 1

• 2

• 3

• 4